Stmnt re Share Price Movement

RNS Number:9028Z
Henderson Morley PLC
16 March 2006



FOR IMMEDIATE RELEASE                                              16 March 2006

                              HENDERSON MORLEY PLC
                                      (AIM)
                                        
                        STATEMENT ON SHARE PRICE MOVEMENT

The Board of Henderson Morley plc ("Henderson Morley" or "the Company"), notes
the movement in the Company's share price this morning, and press comment today
that the Company has "agreed a multi-million pound deal with a major
pharmaceuticals group".

The Company is able to confirm that it is in an advanced stage of contractual
negotiations with a potential partner to licence certain applications of its
Ionic Contra Viral Therapy ("ICVT") technology, however no agreement has as yet
been formally agreed. The Company is able to confirm that, if an agreement is
signed, it is likely to involve the Company receiving a series of milestone,
development and commercialisation payments during the period of product
development and, ultimately, royalty payments based on sales of the products
derived from using the ICVT technology.

The Company will make a further announcement as and when appropriate.


                                    --ENDS--

Copies of this announcement will be available free of charge to the public at
the Company's registered office at Metropolitan House, 2 Salisbury Road,
Moseley, Birmingham, B13 8JS and at the offices of Brewin Dolphin Securities
Ltd, 34 Lisbon Street, Leeds LS1 4LX for 14 days.


Enquiries:

HENDERSON MORLEY PLC                                          Tel: 0121 442 4600
Andrew Knight, Chairman


BREWIN DOLPHIN SECURITIES LTD                                 Tel: 0113 241 0126
Neil Baldwin


BISHOPSGATE COMMUNICATIONS LTD                                Tel: 020 7430 1600
Maxine Barnes                                                Mobile 07860 489571
Dominic Barretto






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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