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 11 OCTOBER 2005 DEALINGS † Amount bought Price per unit (currency must be stated 6,102 Transfer Amount sold Price per unit (currency must be stated) 570 12.3200 669 12.3017 1,000 12.2917 1,300 12.2732 34,453 Transfer Resultant total amount and percentage of the same relevant security owned or controlled 13,323,379(4.53%) IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? YES Date of disclosure 12 OCTOBER 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 15/09/2005 Written 13,500 12.1300 Long CFD 15/09/2005 Written 17,311 12.0329 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

Companies

Barclays (BARC)
UK 100

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