Rule 8.3 - EXEL
FORM 8.3
DEALINGS BY PERSONS WHO OWN OR CONTROL 1% OR MORE OF ANY CLASS OF RELEVANT SECURITY
(Rule 8.3 of The City Code on Takeovers and Mergers)
Name of purchaser/vendor * BARCLAYS PLC
Company dealt in EXEL
Relevant security dealt in ORD GBX 27.777777
If a connected EFM, name of offeree/offeror with
which connected
If a connected EFM, nature of connection #
Date of dealing 28 SEPTEMBER 2005
DEALINGS †
Amount bought Price per unit (currency must be stated)
Amount sold Price per unit (currency must be stated)
186 12.1800
416 12.1600
Resultant total amount and percentage of the
same relevant security owned or controlled 13,178,354 (4.47%)
IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? YES
Date of disclosure 29 SEPTEMBER 2005
Contact name BARCLAYS CORPORATE SECRETARIAT
Telephone number 0207 116 2913
* Specify the owner or controller in addition to the person dealing. The naming of nominees or vehicle companies is
insufficient.
In the case of disclosure of dealings by fund managers on behalf of discretionary clients, the clients need not be
named.
# See the definition of "connected fund managers and principal traders" in the Definitions Section of the Code.
† If disclosing dealings/holdings in derivatives or options, please attach Supplemental Form 8 (Derivative) or
Supplemental
Form 8 (Option), as appropriate.
For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover
Panel's website at www.thetakeoverpanel.org.uk.
SUPPLEMENTAL FORM 8 (DERIVATIVE)
DEALINGS/HOLDINGS IN DERIVATIVES
(This form should be attached to Form 8.1, Form 8.1(b)(ii), Form 8.2 or Form 8.3, as appropriate)
Description of all derivative products CFD - A purchaser of a CFD will realise
disclosed on this form 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.
Full details of any agreement, arrangement None
or understanding between the person
disclosing and any other person 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.
WRITING/ENTERING INTO A DERIVATIVE
Product name Transaction Writing/ Number of Reference price Maturity date
eg long CFD date entering into securities (currency
(indicate as to which the must be stated)
applicable) derivative
is referenced
CLOSING OUT A DERIVATIVE
Product name Transaction Number of Reference price Closing out price
eg long CFD date securities (currency (currency must be
to which the must be stated) stated)
derivative
is referenced
DETAILS OF OPEN DERIVATIVES (excluding any transaction set out above)
Product name Transaction Written/ Number of Reference price Maturity date
eg long CFD date entered into securities (currency
(indicate as to which the must be stated)
applicable) derivative
is referenced
Short CFD 19/11/2001 Entered into 21,365 8.2709
Long CFD 22/11/2001 Entered into 21,365 7.6450
Short CFD 28/11/2001 Entered into 19,056 7.8569
Long CFD 20/12/2001 Entered into 10,265 7.7900
Short CFD 01/03/2002 Entered into 19,928 7.7500
Short CFD 10/05/2002 Entered into 13,618 8.7702
Short CFD 06/06/2002 Entered into 272,335 8.8191
Short CFD 06/06/2002 Entered into 26,611 8.8191
Short CFD 11/06/2002 Entered into 237,846 8.8635
Short CFD 11/06/2002 Entered into 16,230 8.8635
Short CFD 18/06/2002 Entered into 65,076 8.5255
Short CFD 18/06/2002 Entered into 12,315 8.5255
Short CFD 27/06/2002 Entered into 20,619 8.3499
Short CFD 06/08/2002 Entered into 185,847 6.9525
Short CFD 07/08/2002 Entered into 17,024 6.8000
Long CFD 01/10/2002 Entered into 235,587 6.2375
Long CFD 01/10/2002 Entered into 7,949 6.2375
Long CFD 02/10/2002 Entered into 96,693 6.3580
Long CFD 02/10/2002 Entered into 3,307 6.3580
Long CFD 03/10/2002 Entered into 196,217 6.3600
Short CFD 13/11/2002 Entered into 125,227 6.5930
Short CFD 14/11/2002 Entered into 86,096 6.5673
Short CFD 10/12/2002 Entered into 24,707 7.0474
Short CFD 11/12/2002 Entered into 116,024 7.0275
Short CFD 08/01/2003 Entered into 88,615 6.9134
Short CFD 09/01/2003 Entered into 82,732 6.7292
Short CFD 10/01/2003 Entered into 45,279 6.8070
Short CFD 10/01/2003 Entered into 7,364 6.8070
Short CFD 14/01/2003 Entered into 53,504 6.7587
Short CFD 15/01/2003 Entered into 37,664 6.6458
Short CFD 31/01/2003 Entered into 20,644 5.8778
Short CFD 06/02/2003 Entered into 72,600 5.9819
Long CFD 10/02/2003 Entered into 254,945 5.8763
Long CFD 10/02/2003 Entered into 10,610 5.8763
Long CFD 11/02/2003 Entered into 236,708 5.9785
Long CFD 11/02/2003 Entered into 11,476 5.9785
Long CFD 17/02/2003 Entered into 20,886 6.0400
Long CFD 20/02/2003 Entered into 87,057 6.0383
Long CFD 20/02/2003 Entered into 8,451 6.0383
Long CFD 28/02/2003 Entered into 46,542 7.6927
Short CFD 28/02/2003 Entered into 46,542 7.6927
Long CFD 19/03/2003 Entered into 52,053 5.9350
Short CFD 28/03/2003 Entered into 39,537 5.7598
Short CFD 24/04/2003 Entered into 38,394 5.8825
Short CFD 25/04/2003 Entered into 70,300 5.6701
Short CFD 30/04/2003 Entered into 9,105 6.0000
Short CFD 01/05/2003 Entered into 127,400 6.0000
Short CFD 01/05/2003 Entered into 23,814 6.0000
Short CFD 02/05/2003 Entered into 180,418 6.0000
Short CFD 02/05/2003 Entered into 19,839 6.0000
Short CFD 06/05/2003 Entered into 104,758 6.2867
Short CFD 07/05/2003 Entered into 19,623 6.5000
Long CFD 13/06/2003 Entered into 128,041 6.7376
Short CFD 20/06/2003 Entered into 27,544 6.5303
Short CFD 20/06/2003 Entered into 11,867 6.5303
Short CFD 24/06/2003 Entered into 19,751 6.3698
Short CFD 25/06/2003 Entered into 21,623 6.2668
Short CFD 25/06/2003 Entered into 8,450 6.2668
Long CFD 01/07/2003 Entered into 90,952 6.3600
Short CFD 01/07/2003 Entered into 90,952 6.3600
Long CFD 22/08/2003 Entered into 19,983 6.9672
Long CFD 26/08/2003 Entered into 17,806 6.9992
Long CFD 02/09/2003 Entered into 108,742 7.1006
Long CFD 02/09/2003 Entered into 9,392 7.1006
Short CFD 10/09/2003 Entered into 41,496 7.0149
Long CFD 29/09/2003 Entered into 124,564 6.7400
Short CFD 29/09/2003 Entered into 124,564 6.7400
Long CFD 14/10/2003 Entered into 55,758 7.2712
Long CFD 16/10/2003 Entered into 6,940 7.3000
Long CFD 02/12/2003 Entered into 103,148 7.7300
Short CFD 06/01/2004 Entered into 38,511 7.4839
Long CFD 15/01/2004 Entered into 135,331 7.7031
Long CFD 26/03/2004 Entered into 6,998 7.1800
Long CFD 31/03/2004 Entered into 8,296 7.1950
Long CFD 27/04/2004 Entered into 6,757 7.4200
Long CFD 29/04/2004 Entered into 17,313 7.1823
Long CFD 06/05/2004 Entered into 6,969 7.1450
Long CFD 10/05/2004 Entered into 10,000 6.9200
Long CFD 17/06/2004 Entered into 15,914 7.0975
Long CFD 21/06/2004 Entered into 57,181 7.2158
Long CFD 21/06/2004 Entered into 16,671 7.2158
Long CFD 07/07/2004 Entered into 23,697 7.4829
Long CFD 09/07/2004 Entered into 16,801 7.3733
Long CFD 13/07/2004 Entered into 22,364 7.4300
Long CFD 15/07/2004 Entered into 16,490 7.4015
Long CFD 15/07/2004 Entered into 75,167 7.4015
Long CFD 19/07/2004 Entered into 56,591 7.4070
Long CFD 19/07/2004 Entered into 17,453 7.4070
Long CFD 20/07/2004 Entered into 1,377 7.3498
Long CFD 21/07/2004 Entered into 28,181 7.4431
Long CFD 21/07/2004 Entered into 17,669 7.4431
Long CFD 28/07/2004 Entered into 22,544 7.3766
Long CFD 29/07/2004 Entered into 68,414 7.4065
Long CFD 30/07/2004 Entered into 13,846 7.2435
Long CFD 30/07/2004 Entered into 17,202 7.4427
Long CFD 02/08/2004 Entered into 28,214 7.1350
Long CFD 02/08/2004 Entered into 75,716 7.1350
Long CFD 04/08/2004 Entered into 18,848 7.1150
Long CFD 04/08/2004 Entered into 42,224 7.1150
Long CFD 04/08/2004 Entered into 13,587 7.1264
Long CFD 06/08/2004 Entered into 17,644 7.0420
Long CFD 06/08/2004 Entered into 20,454 7.0420
Long CFD 10/08/2004 Entered into 45,348 6.9351
Long CFD 10/08/2004 Entered into 23,536 6.9351
Long CFD 12/08/2004 Entered into 9,026 6.9100
Long CFD 12/08/2004 Entered into 58,407 6.9100
Long CFD 16/08/2004 Entered into 62,466 6.8955
Long CFD 17/08/2004 Entered into 103,984 6.9570
Long CFD 17/08/2004 Entered into 8,320 6.9570
Long CFD 19/08/2004 Entered into 7,779 7.0617
Long CFD 19/08/2004 Entered into 66,385 7.0617
Long CFD 25/08/2004 Entered into 32,509 6.9850
Long CFD 26/08/2004 Entered into 20,071 7.0650
Long CFD 03/09/2004 Entered into 27,958 7.0408
Long CFD 09/09/2004 Entered into 41,595 7.1009
Long CFD 14/09/2004 Entered into 49,219 7.0225
Long CFD 06/10/2004 Entered into 59,736 6.9748
Long CFD 19/10/2004 Entered into 17,832 7.1286
Long CFD 25/10/2004 Entered into 16,129 6.9800
Long CFD 25/10/2004 Entered into 34,011 6.9800
Long CFD 27/10/2004 Entered into 7,117 7.0437
Long CFD 02/11/2004 Entered into 18,333 7.2355
Long CFD 11/11/2004 Entered into 10,772 7.4150
Long CFD 18/11/2004 Entered into 94,607 7.3425
Short CFD 22/11/2004 Entered into 28,141 7.2540
Short CFD 24/11/2004 Entered into 12,853 7.3697
Long CFD 01/12/2004 Entered into 6,770 7.4241
Short CFD 03/12/2004 Entered into 38,642 7.4697
Long CFD 13/12/2004 Entered into 268,942 7.2000
Short CFD 13/12/2004 Entered into 268,942 7.2000
Long CFD 14/12/2004 Entered into 47,646 7.1875
Long CFD 17/12/2004 Entered into 25,232 7.1850
Long CFD 10/01/2005 Entered into 16,972 7.3403
Long CFD 17/01/2005 Entered into 23,948 7.4022
Short CFD 03/02/2005 Entered into 51,827 8.3225
Short CFD 07/02/2005 Entered into 78,115 8.4050
Long CFD 11/02/2005 Entered into 14,961 8.4453
Short CFD 16/03/2005 Entered into 51,645 8.8175
Long CFD 16/03/2005 Entered into 51,645 8.8175
Short CFD 21/03/2005 Entered into 14,727 8.6000
Long CFD 29/03/2005 Entered into 15,395 8.5238
Short CFD 07/04/2005 Entered into 9,764 8.8488
Short CFD 11/04/2005 Entered into 15,000 8.9764
Short CFD 11/04/2005 Entered into 11,061 8.9757
Short CFD 12/04/2005 Entered into 17,346 8.9006
Short CFD 12/04/2005 Entered into 13,092 8.9014
Short CFD 26/04/2005 Entered into 14,671 8.4081
Long CFD 28/04/2005 Entered into 6,797 8.1928
Long CFD 28/04/2005 Entered into 21,860 8.1928
Short CFD 29/04/2005 Entered into 11,646 8.2100
Short CFD 05/05/2005 Entered into 5,963 8.2648
Long CFD 09/05/2005 Entered into 92,040 8.3175
Short CFD 13/05/2005 Entered into 30,231 8.4371
Short CFD 13/05/2005 Entered into 10,655 8.4371
Short CFD 18/05/2005 Entered into 7,373 8.6250
Short CFD 20/05/2005 Entered into 79,783 8.6800
Long CFD 20/05/2005 Entered into 79,783 8.6800
Short CFD 25/05/2005 Entered into 5,595 8.5238
Short CFD 25/05/2005 Entered into 39,753 8.5238
Short CFD 01/06/2005 Entered into 17,144 8.4975
Short CFD 01/06/2005 Entered into 28,750 8.4848
Short CFD 06/06/2005 Entered into 7,269 8.5737
Short CFD 06/06/2005 Entered into 23,741 8.5737
Short CFD 06/06/2005 Entered into 9,831 8.5737
Short CFD 07/06/2005 Entered into 13,909 8.6390
Short CFD 07/06/2005 Entered into 23,125 8.6390
Short CFD 09/06/2005 Entered into 5,848 8.6341
Long CFD 13/07/2005 Entered into 21,832 9.0894
Short CFD 15/07/2005 Entered into 3,813 8.9380
Short CFD 15/07/2005 Entered into 5,556 8.9380
Short CFD 15/07/2005 Entered into 10,902 8.9473
Short CFD 18/07/2005 Entered into 6,464 9.0033
Short CFD 22/07/2005 Entered into 5,491 9.3500
Short CFD 26/07/2005 Entered into 3,895 9.4731
Short CFD 26/07/2005 Entered into 7,472 9.4731
Short CFD 26/07/2005 Entered into 14,845 9.4731
Short CFD 27/07/2005 Entered into 27,984 9.2964
Short CFD 29/07/2005 Entered into 5,302 9.4224
Long CFD 12/08/2005 Entered into 4,436 9.8150
Long CFD 17/08/2005 Entered into 3,477 9.8701
Long CFD 19/08/2005 Entered into 1,626 9.7650
Short CFD 23/08/2005 Entered into 666 9.8032
Short CFD 23/08/2005 Entered into 2,618 9.8032
Short CFD 23/08/2005 Entered into 2,883 9.8032
Short CFD 24/08/2005 Entered into 4,842 9.7756
Short CFD 24/08/2005 Entered into 18,973 9.7757
Short CFD 24/08/2005 Entered into 20,894 9.7757
Short CFD 25/08/2005 Entered into 3,850 9.6151
Short CFD 25/08/2005 Entered into 7,872 9.6151
Short CFD 25/08/2005 Entered into 14,688 9.6151
Short CFD 30/08/2005 Entered into 65,057 9.7925
Long CFD 30/08/2005 Entered into 65,057 9.7925
Short CFD 31/08/2005 Entered into 3,160 9.9490
Short CFD 31/08/2005 Entered into 9,780 9.9490
Short CFD 31/08/2005 Entered into 12,060 9.9490
Long CFD 31/08/2005 Written 12,060 9.9440
Long CFD 31/08/2005 Written 36,674 9.9560
Long CFD 31/08/2005 Written 2,100 10.0200
Long CFD 01/09/2005 Written 13,300 11.3824
Short CFD 01/09/2005 Written 865,351 11.5971
Short CFD 01/09/2005 Written 112,018 11.5070
Long CFD 02/09/2005 Written 2,700 11.8250
Short CFD 02/09/2005 Written 43,746 11.7330
Short CFD 02/09/2005 Entered Into 168,394 11.7094
Short CFD 02/09/2005 Entered Into 123,181 11.7094
Long CFD 05/09/2005 Written 407,395 11.7600
Short CFD 05/09/2005 Written 46,973 11.8127
Long CFD 06/09/2005 Written 12,791 11.9863
Long CFD 06/09/2005 Written 99,067 11.9530
Long CFD 06/09/2005 Written 7,500 11.9000
Short CFD 06/09/2005 Written 78,035 11.9512
Short CFD 06/09/2005 Entered into 99,067 11.9530
Short CFD 06/09/2005 Entered into 12,791 11.9923
Short CFD 07/09/2005 Written 7,300 11.8918
Long CFD 08/09/2005 Written 22,848 12.0479
Short CFD 08/09/2005 Written 43,887 11.9295
Long CFD 09/09/2005 Written 54,686 12.0003
Short CFD 09/09/2005 Written 3,303 11.9979
Long CFD 12/09/2005 Written 8,500 12.0916
Short CFD 13/09/2005 Written 60,500 12.0500
Short CFD 13/09/2005 Written 7,643 12.0421
Long CFD 14/09/2005 Written 44,900 12.0380
Long CFD 16/09/2005 Written 50,860 12.2504
Long CFD 19/09/2005 Written 20,000 12.3400
Short CFD 19/09/2005 Written 40,000 12.4350
Short CFD 20/09/2005 Written 178,045 12.3682
Short CFD 20/09/2005 Written 3,957 12.3200