Rule 8.3 - GCAP MEDIA PLC

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              GCAP MEDIA PLC
Class of relevant security    ORD GBP0.025
to which the dealings being
disclosed relate (Note 2)
Date of dealing               09 January 2008

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)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant       3,128,220      1.90%     1,088,497      0.66%
securities
(2) Derivatives    1,088,497      0.66%     1,054,393      0.64%
(other than
options)
(3) Options and            0      0.00%            0       0.00%
agreements to
purchase/sell
Total              4,216,717      2.56%     2,142,890      1.30%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      1,106                1.9500
Purchase      18,118               2.0247
Purchase      30,224               1.9694
Purchase      5,131                1.9456
Purchase      5,131                1.9456
Purchase      7,337                2.0500
Purchase      63,689               1.9540
Purchase      1,048                1.9450
Purchase      1,084                1.9475
Purchase      11,034               1.9169
Purchase      39,368               1.9329
Purchase      10,696               1.9326
Purchase      11,034               1.9169
Purchase      43,170               1.9607
Purchase      1,273                1.9947
Purchase      5,131                1.9458
Purchase      30,224               1.9694
Purchase      7,466                1.9401
Purchase      18,118               2.0247
Purchase      28,070               1.9713
Sale          30,224               1.9694
Sale          1,106                1.9500
Sale          11,034               1.9169
Sale          7,466                1.9399
Sale          11,034               1.9166
Sale          39,368               1.9329
Sale          63,689               1.9540
Sale          1,048                1.9450
Sale          1,084                1.9471
Sale          1,273                1.9947
Sale          11,034               1.9169
Sale          5,131                1.9456
Sale          28,070               1.9711
Sale          43,170               1.9606
Sale          5,131                1.9456
Sale          63,689               1.9540
Sale          18,118               2.0247
Sale          10,696               1.9323

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         1048          1.945
CFD            Short         5131          1.9458
CFD            Short         1106          1.95
CFD            Short         28070         1.9712
CFD            Short         18118         2.0247
CFD            Short         14674         2.05
CFD            Long          12501         1.7799
CFD            Long          11034         1.9166
CFD            Long          10696         1.9322
CFD            Long          7466          1.9398
CFD            Long          1084          1.9471
CFD            Long          43170         1.9605
CFD            Long          1273          1.9946
CFD            Long          18118         2.0248
CFD            Long          7337          2.05

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


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.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         10 January 2008
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk