UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GENERAL CABLE PLC
(NAME OF ISSUER)
ORDINARY SHARES
(TITLE OF CLASS OF SECURITIES)
0365389
(CUSIP Number)
ROBERT LYNCH, ESQ. WITH COPIES TO:
MANAGING DIRECTOR DONALD P. MADDEN, ESQ.
DEUTSCHE BANK WHITE & CASE
NORTH AMERICA HOLDING CORP. 1155 AVENUE OF THE AMERICAS
31 WEST 52ND STREET NEW YORK, NY 10036
NEW YORK, NY 10019 212-819-8800
212-474-8600
- -------------------------------------------------------------------------------
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE
NOTICES AND COMMUNICATIONS)
APRIL 6, 1998
-------------------------------------------------------
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box ( )
<PAGE>
SCHEDULE 13D
- ---------------------------------
CUSIP No. [0365389]
- ---------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DEUTSCHE BANK AG
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)( )
(B)( )
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(D) OR 2(E)
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
FEDERAL REPUBLIC OF GERMANY
- ----------------------------------- ------- ------------------------------------
NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING PERSON 100,000
WITH ------- ------------------------------------
8 SHARED VOTING POWER
24,039,961
------- ------------------------------------
9 SOLE DISPOSITIVE POWER
100,000
------- ------------------------------------
10 SHARED DISPOSITIVE POWER
32,547,966
- -------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,647,966
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.9%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, BK, CO
- -------- -----------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ---------------------------------
CUSIP No. [0365389]
- ---------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MORGAN GRENFELL ASSET MANAGEMENT LIMITED
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) ( )
(B) ( )
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(D) OR 2(E)
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND AND WALES
- ----------------------------------- ------- ------------------------------------
NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING PERSON 0
WITH ------- ------------------------------------
8 SHARED VOTING POWER
23,189,461
------- ------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------
10 SHARED DISPOSITIVE POWER
31,697,466
- -------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,697,466
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, IA
- -------- -----------------------------------------------------------------------
<PAGE>
ITEM 1. SECURITY AND ISSUER
The response to this item set forth in the Schedule 13D relating to
General Cable plc ("Cable") filed on December 1, 1997 is incorporated herein by
reference as if set forth in this amendment in its entirety.
ITEM 2. IDENTITY AND BACKGROUND
The response to this item set forth in the Schedule 13D relating to
Cable filed on December 1, 1997 is incorporated herein by reference as if set
forth in this amendment in its entirety.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Morgan Grenfell Investment Management Limited ("MGIM"), Morgan
Grenfell Investment Services Limited ("MGIS"), Morgan Grenfell Trust Managers
Limited ("MGTM") and Morgan Grenfell International Funds Management Limited
("MGIFM," and together with MGIM, MGIS and MGTM, the "MGAM Managers"), are
subsidiaries of Morgan Grenfell Asset Management Limited ("MGAM"). Since the
filing of the Schedule 13D relating to Cable on December 1, 1997, the MGAM
Managers have purchased and sold Ordinary Shares in open market transactions at
market prices. Between December 1, 1997 and March 30, 1998, the MGAM Managers
have participated in transactions in the Ordinary Shares at prices ranging from
a high of 1.70 pounds sterling to a low of 0.78 pounds sterling per Ordinary
Share. The MGAM Managers do not hold any American Depositary Shares.
The purchases and sales were made by the MGAM Managers for investment
fund accounts over which they exercise discretion. Accordingly, the source of
funds used to effectuate the purchases was client funds held in such accounts.
Deutsche Gesellschaft fur Fondsverwaltung mbH ("Degef") is a
subsidiary of Deutsche Bank AG ("DBAG"). Between December 1, 1997 and March 30,
1998, DBAG and Degef have purchased and sold Ordinary Shares in open market
transactions at market prices. During such period, market prices ranged from a
high of 1.71 pounds sterling to a low of 0.775 pounds sterling.
The purchases and sales made by Degef were for mutual funds managed by
Degef. The purchases and sales made by DBAG were for DBAG's proprietary
accounts. The sources of funds used to effectuate the purchases were,
respectively, the mutual fund assets and DBAG's own capital.
ITEM 4. PURPOSE OF THE TRANSACTION
The response to this item set forth in the Schedule 13D relating to
Cable filed on December 1, 1997 is incorporated herein by reference as if set
forth in this amendment in its entirety.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) (i) DBAG may be deemed the beneficial owner of Ordinary Shares as
set forth on the applicable cover page.
(ii) MGAM may be deemed the beneficial owner of Ordinary Shares as set
forth on the applicable cover page.
(iii) None of the persons listed in Schedule A is the beneficial owner
of outstanding Ordinary Shares.
(b) (i) Reference is made to the applicable cover page for each
Reporting Person for information concerning the number of shares as to which
there is sole power to vote or to direct the vote, shared power to vote or
direct the vote, sole or shared power to dispose or to direct the disposition.
(ii) In compliance with Item 5(b), the applicable information required
by Item 2 is provided below for each of the MGAM Managers and Degef with whom
DBAG and MGAM may be deemed to share the power to dispose of or direct the
disposition of Ordinary Shares and to vote or direct the vote of Ordinary Shares
as set forth on the cover pages applicable to DBAG and MGAM.
MGIM is a subsidiary of MGAM. The principal business of MGIM is as an
investment management company. MGIM is organized under the laws of England and
Wales, and the address of its principal place of business is 20 Finsbury Circus,
London EC2M 1NB, England.
MGIS is a subsidiary of MGAM. The principal business of MGIS is as an
investment management company. MGIS is organized under the laws of England and
Wales, and the address of its principal place of business is 20 Finsbury Circus,
London, EC2M 1NB, England.
MGIFM is a subsidiary of MGAM. The principal business of MGIFM is as
an investment management company. MGIFM is organized under the laws of England
and Wales, and the address of its principal place of business is 20 Finsbury
Circus, London, EC2M 1NB, England.
MGTM is a subsidiary of MGAM. The principal business of MGTM is as an
investment management company. MGTM is organized under the laws of England and
Wales, and the address of its principal place of business is 20 Finsbury Circus,
London EC2M 1NB, England.
Degef is a subsidiary of DBAG. The principal business of Degef is as a
mutual fund investment company. Degef is organized under the laws of Germany,
and its principal place of business is Bockenheimer Landstr. 42, 60323
Frankfurt, Germany.
During the last five years, none of MGIM, MGIS, MGIFM, MGTM and Degef
has been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) or has been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which such person
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding violation with respect to such laws.
(c) (i) During the past sixty days, DBAG acquired or disposed of
beneficial ownership of Ordinary Shares as a result of market transactions
carried out by DBAG, the MGAM Managers and Degef. Such purchases are set forth
in Schedule B attached hereto.
(ii) During the past sixty days, MGAM acquired or disposed of
beneficial ownership of Ordinary Shares as a result of market transactions
carried out by the MGAM Managers. Such purchases are set forth in Schedule B
attached hereto.
(d) All dividends received on Ordinary Shares described in this
Schedule 13D/A and proceeds from the sale thereof are received for (i) the
benefit of clients on whose behalf such Ordinary Shares have been acquired or
(ii) DBAG's proprietary trading account.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
The response to this item set forth in the Schedule 13D relating to
Cable filed on December 1, 1997 is incorporated herein by reference as if set
forth in this amendment in its entirety.
Item 7. Material to be filed as Exhibits:
Exhibit No. Description
----------- -----------
1 Consent of Morgan Grenfell Asset Management
Limited
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: April 21, 1998
DEUTSCHE BANK AG
By: /s/ Dr. Dieter Eisele
-------------------------------
Name: Dr. Dieter Eisele
Title: Group Head of Compliance
By: /s/ Rondal Eric Powell
-------------------------------
Name: Rondal Eric Powell
Title: Vice President
<PAGE>
SCHEDULE A
I. DBAG
Each person named below is a director or executive officer of
DBAG, whose principal business is described above in Item 2.
<TABLE>
<CAPTION>
Present Principal
Name and Citizenship Business Address Occupation or Employment
-------------------- ---------------- ------------------------
<S> <C> <C>
Carl L. von Boehm-Bezing Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Rolf-E. Breuer Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Michael Dobson Deutsche Bank AG Member of the Board of Managing
United Kingdom Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Michael Endres Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Tessen von Heydebreck Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Jurgen Krumnow Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Georg Krupp Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Ronaldo H. Schmitz Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Josef Ackermann Deutsche Bank AG Member of the Board of Managing
Swiss Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Ulrich Weiss Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
</TABLE>
<PAGE>
II. MGAM
Each person named below is a director or executive officer of
MGAM, whose principal business is described above in Item 2.
<TABLE>
<CAPTION>
Present Principal
Name and Citizenship Business Address Occupation or Employment
-------------------- ---------------- ------------------------
<S> <C> <C>
James K. Anderson Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
David W. Baldt Morgan Grenfell Capital Member of the Board of Managing
American Management Incorporated Directors, Morgan Grenfell Asset
1435 Walnut Street Management Limited
4th Floor
Philadelphia, PA 19102, USA
Graham D. Bamping Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Johannes Baratta Morgan Grenfell Asset Member of the Board of Managing
Austrian Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Henry C. Benson Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Paul C. Berriman Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Colin M. Brown Morgan Grenfell Development Member of the Board of Managing
British Capital Limited Directors, Morgan Grenfell Asset
23 Great Winchester Street Management Limited
London, England
EC2P 2AX
Timothy F. Brown Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Elizabeth B. Bryan Morgan Grenfell Asset Member of the Board of Managing
Australian Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Michael Bullock Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Mark A. Burgess Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Shaun A. Coleman Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Simon J. Cooke Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Anthony J. Creighton Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
David T. Cumming Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors,
20 Finsbury Circus Morgan Grenfell Asset
London, England Management Limited
EC2M 1NB
Richard M. Curling Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Charles Z. Curtis Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Roger J. Curtis Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Susanna F. Davies Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Michael W.R. Dobson Deutsche Morgan Grenfell Group Plc Chairman of the Board of
British 23 Great Winchester Street Managing Directors, Morgan
London, England Grenfell Asset
EC2P 2AX Management Limited
Patrick W.W. Disney Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Ernst L. Drayss Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Asset
60325 Frankfurt Management GmbH
The Federal Republic of Germany
Neil R. Dunford Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
William P. Dwerryhouse Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Nick P. Evans Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Greg C. Fisher Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
James G. Fox Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Charles James Maximilian Franklin Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Adrian C. Frost Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
James C.W. Goulding Morgan Grenfell Investment Member of the Board
British Management (Asia) Ltd of Managing
20 Raffles Place Directors, Morgan
#25-08 Ocean Towers Grenfell Asset
Singapore 0104 Management Limited
David J. Haysey Morgan Grenfell Capital Member of the Board of Managing
British Management Incorporated Directors, Morgan Grenfell Asset
1435 Walnut Street Management Limited
4th Floor
Philadelphia, PA 19102, USA
David J. Heape Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Gerald V. Hough Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Neil P. Jenkins Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Julian R. Johnston Morgan Grenfell Asset Member of the Board of Managing
American/French Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Ian D. Kelson Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Peter Lees Morgan Grenfell Asset Member of the Board
British Management Limited of Managing
20 Finsbury Circus Directors, Morgan
London, England Grenfell Asset
EC2M 1NB Management Limited
Jeremy G. Lodwick Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
The Honourable Charles Morgan Grenfell Asset Member of the Board
Martyn-Hemphill Management Limited of Managing Directors, Morgan
British 20 Finsbury Circus Grenfell Asset Management Limited
London, England
EC2M 1NB
P. McNaughton Morgan Grenfell Asset Member of the Board
Irish Management (Ireland) of Managing Directors, Morgan
Limited Grenfell Asset Management Limited
Georges Dock House
International Financial Centre
1 Dublin
Ireland
William G. Michie Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Herbert K. Michel Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Gesellschaft
60323 Frankfurt fur
The Federal Republic of Germany Fondsverwaltung mbH
James E. Minnick Morgan Grenfell Capital Member of the Board of Managing
American Management Incorporated Directors, Morgan Grenfell Asset
885 Third Avenue Management Limited
32nd Floor
New York, NY 10022-4802 USA
Stuart W. Mitchell Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Roger P. Morris Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Norman L. Murray Morgan Grenfell Asset Management Member of the Board
British Limited of Managing Directors, Morgan
20 Finsbury Circus Grenfell Asset Management Limited
London, England
EC2M 1NB
Alan Nesbit Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Simon D. Peck Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Christopher M. Phillips Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors,
20 Finsbury Circus Morgan Grenfell Asset Management
London, England Limited
EC2M 1NB
James A.J. Pulsford Deutsche Morgan Grenfell Member of the Board of Managing
British Asset Management (Japan) Directors, Morgan Grenfell Asset
Ltd, 19th Floor, Akasaka Park Management Limited
Building, 5-2-20 Akasaka,
Minato-Ku, Tokyo 107
Diane Seymour-Williams Morgan Grenfell Asset Management Member of the Board of Managing
British Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Robert H. Smith Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
William G.M. Thomas Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Simon Treacher Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Patrick N.C. Walker Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Anthony Wilkinson Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Egerton J. Wood Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Hitoshi Yamamoto Deutsche Morgan Grenfell Member of the Board of Managing
Japanese Asset Management (Japan) Directors, Morgan Grenfell Asset
Ltd, 19th Floor, Akasaka Park Management Limited
Building, 5-2-20 Akasaka,
Minato-Ku, Tokyo 107
</TABLE>
<PAGE>
SCHEDULE B
Following are the transactions in Ordinary Shares effected by
the Reporting Persons and their subsidiaries in the past 60 days.
Transaction History for General Cable between 01/29/98 and 3/30/98
<TABLE>
<CAPTION>
OPERATING TRANSACTION TRADE QUANTITY TRANS TOTAL
COMPANY TYPE DATE (UNITS) PRICE IN(POUNDS) AMOUNT IN(POUNDS)
------- ---- ---- ------- ---------------- -----------------
<S> <C> <C> <C> <C> <C>
MGIM Buy 2/2/98 10000 0.83 8291.25
MGIM Buy 2/2/98 15000 0.83 12437.13
MGIM Buy 2/2/98 10000 0.83 8291.25
MGIM Sell Long 2/11/98 161000 0.99 159086.91
MGIM Sell Long 2/12/98 196300 1.06 207096.25
MGTM Sell Long 2/12/98 65400 1.06 68996.75
MGIM Sell Long 2/12/98 238300 1.06 251406.25
MGIM Sell Long 2/12/98 305900 1.02 310826.58
MGIM Sell Long 2/12/98 252100 1.02 256160.07
MGIM Sell Long 2/12/98 119100 1 119099.75
MGIM Sell Long 2/12/98 98200 1 98199.75
MGTM Sell Long 2/12/98 84000 1.02 85352.65
MGTM Sell Long 2/12/98 32700 1 32699.75
MGIM Sell Long 2/13/98 98142 1.07 105011.69
MGIM Sell Long 2/13/98 119127 1.07 127465.64
MGTM Sell Long 2/13/98 32731 1.07 35021.92
MGIS Sell Long 2/18/98 2227 1.05 2334.84
MGIS Sell Long 2/18/98 5400 1.05 5661.49
MGIM Sell Long 2/18/98 119000 1.05 124949.75
MGIM Sell Long 2/18/98 98000 1.05 102899.75
MGTM Sell Long 2/19/98 65000 1.05 68249.75
MGIM Sell Long 2/19/98 196000 1.05 205799.75
MGIM Sell Long 2/19/98 239000 1.05 250949.75
MGTM Sell Long 2/20/98 32853 1.06 34823.93
MGIM Sell Long 2/20/98 118835 1.06 125964.85
MGIM Sell Long 2/20/98 98312 1.06 104210.47
MGIFM Sell Long 2/20/98 104000 1.09 113359.75
MGIFM Sell Long 2/20/98 82000 1.09 89379.75
MGIFM Sell Long 2/20/98 35000 1.09 38149.75
MGIFM Sell Long 2/20/98 29000 1.09 31609.75
MGIFM Sell Long 2/20/98 29000 1.08 31319.75
MGIFM Sell Long 2/20/98 104000 1.08 112319.75
MGIFM Sell Long 2/20/98 82000 1.08 88559.75
MGIFM Sell Long 2/20/98 35000 1.08 37799.75
MGIM Sell Long 2/20/98 98400 1.06 103811.75
MGIM Sell Long 2/20/98 118800 1.06 125333.75
MGTM Sell Long 2/20/98 32800 1.06 34603.75
MGIFM Sell Long 2/20/98 29000 1.07 31029.75
MGIFM Sell Long 2/20/98 82000 1.07 87739.75
MGIFM Sell Long 2/20/98 104000 1.07 111279.75
MGIFM Sell Long 2/20/98 35000 1.07 37449.75
MGIS Sell Long 2/23/98 15140 1.14 17259.35
MGIS Sell Long 2/23/98 19424 1.14 22143.11
MGIS Sell Long 2/23/98 16797 1.14 19148.33
MGIFM Sell Long 2/23/98 29560 1.14 33698.15
MGIFM Sell Long 2/23/98 84000 1.14 95759.75
MGIFM Sell Long 2/23/98 35000 1.14 39899.75
MGIFM Sell Long 2/23/98 108000 1.14 123119.75
MGIM Sell Long 2/27/98 52000 1.27 65648.19
MGIM Sell Long 2/27/98 205800 1.27 260843.14
MGIM Sell Long 2/27/98 189700 1.27 240437.04
MGIM Sell Long 2/27/98 104500 1.27 132449.32
MGIM Sell Long 2/27/98 103000 1.27 130034.28
MGIM Sell Long 2/27/98 95000 1.27 119934.53
MGIS Buy 2/27/98 32917 1.27 41890.31
MGIM Sell Long 3/2/98 63500 1.27 80644.75
MGIM Sell Long 3/2/98 125200 1.27 159003.87
MGIM Sell Long 3/2/98 115300 1.27 146430.88
MGIM Sell Long 3/6/98 19000 1.32 24937.28
MGIS Sell Long 3/6/98 17309 1.32 22738.33
MGIM Sell Long 3/9/98 125000 1.33 165917.25
MGIM Sell Long 3/10/98 130000 1.33 172553.95
MGIS Sell Long 3/17/98 18978 1.39 26379.17
MGIM Sell Long 3/20/98 44000 1.5 65867.87
MGIM Sell Long 3/20/98 3000 1.5 4490.99
MGIM Sell Long 3/20/98 37000 1.5 55388.89
MGIM Sell Long 3/20/98 40000 1.5 59879.75
MGIM Sell Long 3/20/98 96000 1.5 143711.75
MGIM Sell Long 3/23/98 25250 1.55 39137.25
MGIM Sell Long 3/23/98 44000 1.55 68199.75
MGIM Sell Long 3/23/98 37750 1.55 58512.36
MGIM Sell Long 3/23/98 2500 1.55 3874.99
MGIM Sell Long 3/23/98 27125 1.55 42043.65
MGIM Sell Long 3/30/98 55996 1.7 95192.95
MGIM Sell Long 3/30/98 36462 1.7 61985.31
MGIM Sell Long 3/30/98 66392 1.7 112866.24
MGIM Sell Long 3/30/98 121237 1.7 206102.65
MGIM Sell Long 3/30/98 193706 1.7 329299.95
MGIM Sell Long 3/30/98 212697 1.7 361584.65
MGIM Sell Long 3/30/98 54997 1.7 93494.65
MGIFM Sell Long 3/30/98 218322 1.7 371147.15
MGIM Sell Long 3/30/98 178574 1.7 303575.55
MGIM Sell Long 3/30/98 22424 1.7 38120.55
MGIM Sell Long 3/30/98 32139 1.7 54636.05
MGIM Sell Long 3/30/98 136734 1.7 232447.55
MGIM Sell Long 3/30/98 44855 1.7 76253.25
MGIM Sell Long 3/30/98 197504 1.7 335756.55
MGIM Sell Long 3/30/98 36462 1.7 61985.36
MGIM Sell Long 3/30/98 13673 1.7 23244.08
MGIM Sell Long 3/30/98 82344 1.7 139984.71
MGIM Sell Long 3/30/98 39501 1.7 67151.66
MGIM Sell Long 3/30/98 51336 1.7 87271.14
MGIM Sell Long 3/30/98 37070 1.7 63018.75
MGIM Sell Long 3/30/98 61075 1.7 103827.25
MGIM Sell Long 3/30/98 106500 1.7 181049.75
DBAG Buy 2/13/98 100000 1.08 108000
DBAG Buy 3/3/98 100000 1.41 141000
DBAG Buy 3/30/98 100000 1.69 169000
Degef Buy 2/13/98 156027 1.06 165388.62
</TABLE>
EXHIBIT INDEX
-------------
Exhibit No. Description
- ----------- -----------
1 Consent of Morgan Grenfell Asset Management
Limited
<PAGE>
EXHIBIT 1
Consent of Morgan Grenfell Asset Management
-------------------------------------------
The undersigned agrees that the Schedule 13D1A executed by
Deutsche Bank AG to which this statement is attached as an exhibit is filed on
behalf of Deutsche Bank AG and Morgan Grenfell Asset Management Limited pursuant
to Rule 13d-1(f)(1) of the Securities Exchange Act of 1934.
Dated: April 21, 1998
MORGAN GRENFELL ASSET MANAGEMENT
LIMITED
By: /s/ Andrew Hume
--------------------------------
Name: Andrew Hume
Title: Senior Associate Director
