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               28 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       1,511,553    2.87%        175,756     0.33%
securities
(2) Derivatives      167,358    0.32%        160,276     0.30%
(other than
options)
(3) Options and            0    0.00%              0     0.00%
agreements to
purchase/sell

Total              1,678,911    3.19%        336,032     0.64%


(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      4,488                8.4569
Purchase      9,316                8.7147
Purchase      2,061                8.6718
Sale          2,095                8.4339
Sale          5,185                8.4575
Sale          1,348                8.6800
Sale          22,827               8.7533
Sale          3,968                8.4366
Sale          3,541                8.5444
Sale          1,851                8.6890
Sale          1,800                8.4367
Sale          1,482                8.6383

(b)  Derivatives transactions (other than options)
Product name    Long/Short       Number of      Price per unit
                                 Securities
CFD             Short            4488           8.4568
CFD             Short            2061           8.6718
CFD             Short            9316           8.7146
CFD             Long             2095           8.4338
CFD             Long             5768           8.4366
CFD             Long             3541           8.5444
CFD             Long             1482           8.6382
CFD             Long             1348           8.68
CFD             Long             1851           8.6889
CFD             Long             22827          8.7532


(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

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.

None



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


Date of disclosure                         01 March 2007
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