Disclosure of Short Position Marshalls Group Plc

TR-3(1):  Disclosure of Disclosable Short Position relating to
          Securities which are the subject of a rights issue(2)

1. Full name of person(s)
holding the disclosable short    Alpha Advantage Europe B Fund
position(3):

2: Name of the issuer of the     Marshalls Group Plc
relevant securities

3: Disclosable short position(4) 0.26%

4. Date that disclosable short   13 May 2009
position was reached or exceeded




_______________________________
1  This form, or the information contained within it, should be disclosed via an
   RIS using the short code DSP. Issuers should conform the commencement of the
   rights issuer period with a disclosure, via an RIS, using the short code ARI.
2  This form relates to the disclosure of short positions in compliance with
   amendments to MAR 1.9 market abuse (misleading behaviour) and market abuse
   (distortion) of the Market Conduct Sourcebook (MAR). Further material on this
   can be found in the FSA's press release of 13 June 2008,
   http://www.fsa.gov.uk/pages/Library/Communication/PR/2008/057.shtml  and the
   related FAQ document on the FSA's website.
3  Specify the owner or controller of the interest. The naming of nominees or
   vehicle companies is insufficient. In the case of positions held by fund
   managers on behalf of discretionary clients, the clients need not be named.
   Market makers as defined in the Glossary of Definitions in the FSA Handbook and
   acting in their capacity as such may be exempt from disclosure of own account
   positions: see the definition of "disclosable short position".  Positions may be
   aggregated in some cases. See FAQ document for further details.
4  Figure to be expressed as a percentage of issued share capital. Disclosable
   short position is defined in the Glossary of Definitions in the FSA Handbook.
   Positions must be disclosed on a net basis of all holdings. All financial
   instruments that represent a direct interest or direct economic interest in the
   relevant issuer must be included within such holdings.