Rule 8.3 - KENSINGTON GROUP

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              KENSINGTON GROUP
Class of relevant security    ORD GBP0.10
to which the dealings being
disclosed relate (Note 2)
Date of dealing               19 February 2007

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         287,910     0.55%         75,778     0.14%
securities
(2) Derivatives      539,440     1.03%        277,036     0.53%
(other than
options)
(3) Options and            0     0.00%              0     0.00%
agreements to
purchase/sell

Total                827,350     1.57%        352,814     0.67%


(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      1,688                8.8497
Purchase      13,646               8.4529
Purchase      10,000               8.8350
Purchase      6,900                8.4672
Sale          7,803                8.0492
Sale          9,578                8.0493
Sale          8,774                8.0493
Sale          9,418                8.0494
Sale          12,971               8.0495
Sale          2,400                8.7064
Sale          39,396               8.3201
Sale          7,887                8.0494
Sale          7,077                8.0493
Sale          2,000                7.7934
Sale          194,312              8.0496
Sale          11,792               8.0496
Sale          2,953                8.0486
Sale          7,756                8.4815
Sale          3,821                8.0490

  (b)  Derivatives transactions
        (other than options)
Product name    Long/Short       Number of      Price per unit
                                 Securities
CFD              Short            13646         8.4528
CFD              Short            6900          8.4672
CFD              Short            10000         8.8350
CFD              Short            1688          8.8497
CFD              Long             2000          7.7934
CFD              Long             39396         8.3200
CFD              Long             7756          8.4815
CFD              Long             2400          8.7064


(c)  Options transactions in
respect of existing securities

Purchase/sale Number of Securities  Price per unit
                                    (GBP)



(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 (GBP)




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


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



4.   OTHER INFORMATION

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                         20 December 2006
Contact name                               BARCLAYS COMPLIANCE
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