The merger of Alliance UniChem and Boots was completed on 31 July 2006. The historic information below is an extract taken from the Merger Prospectus issued to shareholders on 5 June 2006.

It is intended that the Merger, which is being unanimously recommended by the Boards of Boots and Alliance UniChem, will be implemented by means of the Scheme. Under the terms of the Scheme, the Alliance UniChem Shares will be cancelled and, on the Effective Date, Alliance UniChem Shareholders will receive:

for each Alliance UniChem Share 1.332 New Boots Shares

and so in proportion to any other number of Alliance UniChem Shares held.

On the Effective Date, Alliance UniChem will become a wholly-owned subsidiary of Boots.

Assuming the issue of the maximum number of New Boots Shares and that no Boots Shares are issued in the period from the publication of this document to the Effective Date, the enlarged issued ordinary share capital of Boots would be held, on the Effective Date, as to 49.8% by Alliance UniChem Shareholders and as to 50.2% by the existing Boots shareholders.

The New Boots Shares will be issued credited as fully paid, will rank equally with the existing Boots Shares and will be entitled to all dividends and other distributions declared or paid by Boots by reference to a record date on or after the Effective Date.

Alliance UniChem Shareholders will retain all rights and interest in any dividends and other distributions declared or paid by Alliance UniChem by reference to a record date prior to the Effective Date.