Rule 8.3 - London Stock Exchange PLC
Kinetics Asset Management
AMMENDED DISCLOSURE FORM 8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
(Rule 8.3 of the Takeover Code)
1. KEY INFORMATION
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Name of person dealing (Note 1) Kinetics Asset Management, Inc.
Horizon Asset Management, Inc.
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Company dealt in London Stock Exchange Group PLC
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Class of relevant security to which the Ordinary Shares
dealings being disclosed relate (Note 2)
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Date of dealing 14February 2007
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2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)
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Long Short
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Number (%) Number (%)
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(1) Relevant securities 14,214,523 6. 666% 0
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(2) Derivatives (other than options) 0 0
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(3) Options and agreements to
purchase/sell 0 0
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Total 14,214,523 6. 666% 0
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(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)
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Class of relevant security: Class B Long Short
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Number (%) Number (%)
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(1) Relevant securities 91,880 1.1% 0
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(2) Derivatives (other than options) 0 0
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(3) Options and agreements to
purchase/sell 0 0
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Total 91,880 1.1% 0
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(c) Rights to subscribe (Note 3)
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Class of relevant security: Details
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3. DEALINGS (Note 4)
(a) Purchases and sales
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Purchase/sale Number of securities Price per unit (Note 5)
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Purchase 2,500 12.75 GBP
Purchase 550 12.76 GBP
Purchase 4,567 12.79 GBP
Purchase 899 12.80 GBP
Purchase 2,634 12.81 GBP
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(b) Derivatives transactions (other than options)
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Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5)
e.g. CFD
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(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
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Product name, Writing, Number of Exercise Type, e.g. Expiry Option money
e.g. call option selling, securities to price American, date paid/received
purchasing, which the option European per unit (Note
varying etc. relates (Note 7) etc. 5)
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(ii) Exercising
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Product name, e.g. call option Number of securities Exercise price per unit (Note 5)
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(d) Other dealings (including new securities) (Note 4)
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Nature of transaction (Note 8) Details Price per unit (if applicable) (Note
5)
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4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
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Full details of any agreement, arrangement or understanding between the person disclosing and any other
person relating to the voting rights of any relevant securities under any option referred to on this
form or relating to the voting rights or future acquisition or disposal of any relevant securities to
which any derivative referred to on this form is referenced. If none, this should be stated.
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Horizon Asset Management and Kinetics have a contractual relationship; whereby, Kinetics is purchasing
research services from Horizon Asset Management. Horizon Asset Management and Kinetics are separate and
independent companies, with different shareholders and directors, for the most part. However, since
Horizon Asset Management and Kinetics derive investment research from a common source, i.e., the Horizon
Research Group, a division of Horizon Asset Management, Inc. and because of certain shared personnel and
office space, the Panel Executive has deemed Horizon Asset Management and Kinetics Asset Management to
be a single person for the purposes of Rule 8.3 (b) of the City Code on Takeovers and Mergers. For US
regulatory purposes, Horizon Asset Management and Kinetics are two separate and distinct companies.
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Is a Supplemental Form 8 attached? (Note 9) YES/NO
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Date of disclosure 2/15/07
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Contact name Andrew Fishman
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Telephone number +1 (646) 495-7347
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If a connected EFM, name of offeree/offeror with which
connected
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If a connected EFM, state nature of connection (Note 10)
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Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk