Rule 8.3 - CREST NICHOLSON

FORM 8.3 Lodge with a RIS or Newstrack, if appropriate, and the Takeover Panel. Use separate form for each class of securities in which dealings have been made. Date of Disclosure 26 April 2005 DISCLOSURE UNDER RULES 8.1(a), 8.1(b) (i) and 8.3 OF THE CITY CODE ON TAKEOVERS AND MERGERS Date of Dealing 25 April 2005 Dealing in CREST NICHOLSON (1) Class of securities (eg ordinary shares) ORD GBP 0.10 (2) Amount Bought Amount Sold Price per Unit 0 4,282 4.1080 7,173 0 4.0734 Barclays PLC is party to certain CFD transactions (see below). The resultant holdings total includes hedges against CFDs (short 266,096 shares). (3) Resultant total of the same class owned or controlled (and percentage of class) 2,240,542 (1.98%) (4) Party making disclosure Barclays PLC- (5) EITHER (a) Name of purchaser / vendor (Note 1) (b) if dealing for discretionary clients, name of fund management organisation Barclays PLC (6) Reason for disclosure (Note 2) (a) associate of (i) offeror (Note 3) NO (ii) offeree NO Specify which category or categories of associate (1-8 overleaf) (b) Rule 8.3 (I.e disclosure because of ownership or control of 1% or more of the class of relevant securities dealt in) YES Signed for and on behalf of the party named in (4) above Geoff Smith Telephone and extension number 0207 116 2913 Form 8 Enclosure A purchaser of a CFD will realise a gain if the price of the underlying security goes up. A seller of a CFD will realise a gain if the price of the underlying security goes down. The CFD contracts are open ended and there is no rollover into new contracts. Contracts for Differences CFD Crest Nicholson Long / Short Trade Date Buy/Sell Quantity Open Price Short 22/08/2003 S 99,093 3.3000 Short 26/08/2003 S 25,000 3.3300 Short 29/08/2003 S 38,880 3.1500 Short 09/09/2003 S 38,462 3.2200 Short 29/10/2003 S 10,000 3.0500 Short 20/11/2003 S 43,103 2.8751 Short 15/11/2004 S 2,110 3.5629 Long 15/11/2004 B 2,487 3.6243 Long 16/11/2004 B 202 3.4575 Short 17/11/2004 S 500 3.4975 Long 17/11/2004 B 655 3.4800 Long 18/11/2004 B 1,000 3.4950 Short 19/11/2004 S 1,734 3.4951 Short 19/11/2004 S 1,700 3.4975 Long 19/11/2004 B 1,854 3.4525 Long 23/11/2004 B 7,774 3.3501 Long 24/11/2004 B 2,810 3.3500 Long 26/11/2004 B 1,218 3.3900 Long 29/11/2004 B 1,333 3.3924 Short 30/11/2004 S 500 3.4295 Long 01/12/2004 B 184 3.3900 Long 01/12/2004 B 856 3.3900 Short 02/12/2004 S 756 3.4375 Short 03/12/2004 S 963 3.4574 Long 06/12/2004 B 879 3.4225 Long 07/12/2004 B 978 3.4150 Short 09/12/2004 S 2,258 3.5700 Short 09/12/2004 S 1,129 3.5675 Long 10/12/2004 B 3,693 3.5525 Long 16/12/2004 B 1,100 3.5825 Long 23/12/2004 B 194 3.6450 Long 29/12/2004 B 992 3.6375 Long 30/12/2004 B 515 3.6525 Long 04/01/2005 B 200 3.6425 Long 07/01/2005 B 1,815 3.5759 Short 10/01/2005 S 698 3.6200 Long 11/01/2005 B 655 3.6325 Long 12/01/2005 B 2,386 3.6895 Long 14/01/2005 B 775 3.6800 Short 17/01/2005 S 900 3.7175 Long 17/01/2005 B 674 3.7100 Long 19/01/2005 B 1,815 3.6825 Long 20/01/2005 B 799 3.7425 Short 21/01/2005 S 1,137 3.7975 Long 21/01/2005 B 600 3.7325 Long 24/01/2005 B 1,200 3.7725 Long 25/01/2005 B 1,400 3.7107 Long 26/01/2005 B 1,583 3.7274 Short 27/01/2005 S 390 3.7200 Long 27/01/2005 B 2,800 3.6725 Long 28/01/2005 B 1,943 3.7121 Long 31/01/2005 B 3,800 3.6452 Long 01/02/2005 B 1,578 3.6700 Long 01/02/2005 B 1,578 3.6750 Long 02/02/2005 B 6,149 3.6671 Long 02/02/2005 B 1,322 3.6500 Short 03/02/2005 S 600 3.6900 Long 04/02/2005 B 1,045 3.7200 Long 04/02/2005 B 4,560 3.7250 Short 07/02/2005 S 300 3.7175 Short 08/02/2005 S 1,687 3.7474 Short 09/02/2005 S 2,888 3.8250 Short 10/02/2005 S 400 3.8725 Short 16/02/2005 S 9,500 3.8427 Short 21/02/2005 S 9,248 3.8500 Short 22/02/2005 S 3,043 3.9808 Short 22/02/2005 S 2,081 3.9498 Long 22/02/2005 B 1,000 3.9525 Short 23/02/2005 S 3,828 3.8541 Short 23/02/2005 S 3,968 3.8708 Short 24/02/2005 S 1,100 3.8900 Long 24/02/2005 B 1,000 3.8525 Short 25/02/2005 S 1,800 3.9175 Short 25/02/2005 S 1,200 3.9625 Long 25/02/2005 B 1,500 3.9025 Short 28/02/2005 S 3,130 3.9700 Short 02/03/2005 S 2,481 3.9950 Short 02/03/2005 S 3,681 3.9890 Short 09/03/2005 S 484 3.9900 Long 09/03/2005 B 972 3.9525 Short 10/03/2005 S 3,144 3.9326 Short 10/03/2005 S 5,737 3.9247 Long 10/03/2005 B 500 3.9225 Short 11/03/2005 S 1,050 4.0000 Short 14/03/2005 S 3,816 4.0000 Long 15/03/2005 B 1,000 3.9600 Short 16/03/2005 S 22,032 4.3450 Long 16/03/2005 B 22,032 4.3450 Long 16/03/2005 B 22,032 4.3450 Long 16/03/2005 B 4,464 4.3494 Long 16/03/2005 B 530 4.2908 Short 16/03/2005 S 3,490 4.3404 Long 17/03/2005 B 715 4.3774 Short 17/03/2005 S 1,100 4.3425 Short 21/03/2005 S 2,000 4.3875 Long 22/03/2005 B 2,100 4.4100 Short 22/03/2005 S 22,032 4.4239 Long 22/03/2005 B 198,288 4.4195 Long 22/03/2005 B 22,032 4.4239 Long 23/03/2005 B 8,226 4.4408 Short 23/03/2005 S 600 4.3725 Short 24/03/2005 S 1,104 4.4318 Long 29/03/2005 B 2,452 4.4375 Short 31/03/2005 S 587 4.4525 Short 31/03/2005 S 319 4.4625 Short 01/04/2005 S 1,306 4.4625 Short 04/04/2005 S 1,675 4.4725 Short 07/04/2005 S 700 4.4125 Short 08/04/2005 S 1,400 4.4025 Short 11/04/2005 S 4,579 4.3774 Short 11/04/2005 S 3,300 4.3875 Short 12/04/2005 S 1,588 4.3650 Short 12/04/2005 S 4,179 4.3581 Short 13/04/2005 S 6,300 4.3853 Long 14/04/2005 B 200 4.3975 Short 14/04/2005 S 2,400 4.2925 Long 15/04/2005 B 7,167 4.2435 Long 18/04/2005 B 3,500 4.1600 Long 18/04/2005 B 4,205 4.1636 Short 19/04/2005 S 2,417 4.1899 Short 19/04/2005 S 14,161 4.1942 Short 22/04/2005 S 16,671 4.1720 Long 25/04/2005 B 4,282 4.1080 Short 25/04/2005 S 7,173 4.0734

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Barclays (BARC)
Investor Meets Company
UK 100

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