Rule 8.3 - MCALPINE(ALFRED)

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              MCALPINE(ALFRED)
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               11 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       3,570,574      3.48%       346,247      0.34%
securities
(2) Derivatives      345,951      0.34%     1,098,800      1.07%
(other than
options)
(3) Options and            0      0.00%             0      0.00%
agreements to
purchase/sell
Total              3,916,525      3.82%      1,445,047     1.41%


(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     1,500                 4.9550
Purchase     214,489               4.9969
Purchase     5,376                 4.9889
Purchase     2,744                 5.0300
Purchase     21,545                5.0035
Purchase     2,223                 4.9862
Purchase     19,361                4.9623
Purchase     12,187                4.9827
Purchase     16,101                4.9970
Purchase     5,376                 4.9889
Purchase     1,500                 4.9550
Purchase     1,500                 4.9556
Purchase     31,548                4.9697
Purchase     31,548                4.9697
Purchase     11,503                4.9044
Purchase     2,223                 4.9862
Sale         21,545                5.0035
Sale         21,545                5.0035
Sale         1,030                 4.9537
Sale         16,101                4.9961
Sale         2,223                 4.9862
Sale         16,390                4.9700
Sale         19,361                4.9614
Sale         1,500                 4.9550
Sale         12,187                4.9827
Sale         11,503                4.9044
Sale         5,376                 4.9889
Sale         31,548                4.9697
Sale         1,500                 4.9550
Sale         2,744                 5.0300

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         1500          4.9556
CFD            Short         19361         4.9623
CFD            Short         12187         4.9827
CFD            Short         2223          4.9861
CFD            Short         5376          4.9889
CFD            Long          10715         4.989
CFD            Long          16101         4.9961
CFD            Long          18801         4.9986
CFD            Long          2744          5.03

(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                         14 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