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go to Form 20-F 2003 Contents Introduction and cautionary statement Item 1 : identity of directors, senior management and advisers Item 1A : identity of directors, senior management and advisers : directors and senior management Item 1B : identity of directors, senior management and advisers : advisers Item 1C : identity of directors, senior management and advisers : auditors Item 2 : offer statistics and expected timetable Item 2A : offer statistics and expected timetable : offer statistics Item 2B : offer statistics and expected timetable : method and expected timetable Item 3 : key information Item 3A : key information : selected financial information Item 3B : key information : capitalisation and indebtedness Item 3C : key information : reasons for the offer and use of proceeds Item 3D : key information : risk factors Item 4 : information on the Company Item 4A : information on the Company : history and development Item 4B : information on the Company : business overview Item 4C : information on the Company : organisational structure Item 4D : information on the Company : property, plant and equipment Item 5 : operating and financial review and prospects Item 6 : directors, senior management and employees Item 6A : directors, senior management and employees : directors and senior management Item 6B : directors, senior management and employees : compensation Item 6C : directors, senior management and employees : board practices Item 6D : directors, senior management and employees : employees Item 6E : directors, senior management and employees : share ownership Item 7 : major shareholders and related party transactions Item 7A : major shareholders and related party transactions : major shareholders Item 7B : major shareholders and related party transactions : related party transactions Item 7C : major shareholders and related party transactions : interests of experts and counsel Item 8 : financial information Item 8A : financial information : consolidated statements and other financial information Item 8B : financial information : significant changes Item 9 : the offer and listing Item 9A : the offer and listing : offer and listing details Item 9B : the offer and listing : plan of distribution Item 9C : the offer and listing : markets Item 9D : the offer and listing : selling shareholders Item 9E : the offer and listing : dilution Item 9F : the offer and listing : expenses of the issue Item 10 : additional information Item 10A : additional information : share capital Item 10B : additional information : memorandum and articles of association Item 10C : additional information : material contracts Item 10D : additional information : exchange controls Item 10E : additional information : taxation Item 10F : additional information : dividends and paying agents Item 10G : additional information : statement by experts Item 10H : additional information : documents on display Item 10I : additional information : subsidiary information Item 11 : quantitative and qualitative disclosure about market risk Item 12 : description of securities other than equity securities Item 12A : description of securities other than equity securities : debt securities Item 12B : description of securities other than equity securities : warrants and rights Item 12C : description of securities other than equity securities : other securities Item 12D : description of securities other than equity securities : American depositary shares Item 13 : defaults, dividend arrearages and delinquencies Item 14 : material modifications to the rights of security holders and use of proceeds Item 15 : controls and procedures Item 16 : disclosure on audit committee financial expert Item 16A : disclosure on audit committee financial expert Item 16B : disclosure on audit committee financial expert : code of ethics Item 16C : disclosure on audit committee financial expert : principal accountant fees and services Item 17 : financial statements Item 18 : financial statements Item 19 : exhibits Signatures Index to financial statements Notes to the financial statements

(Mark one)

  REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934

or

X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended : 31 December 2003
or

  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Title of each class	Name of each exchange on which registered
American depository shares	New York Stock Exchange
Ordinary shares nominal value 10p per share	New York Stock Exchange(1)

1. Listed, not for trading, but only in connection with the registration of American depositary shares, pursuant to the requirements of the Securities and Exchange Commission.

Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of 31 December 2003 :

Ordinary shares nominal value 10p per share 653.6 million shares

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days :

Yes X No  

Indicate by check mark which financial statement items the registrant has elected to follow :

Item 17 X Item 18