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               01 February 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       3,927,707      3.83%        199,801     0.19%
securities
(2) Derivatives      199,505      0.19%        653,479     0.64%
(other than
options)
(3) Options and            0      0.00%             0      0.00%
agreements to
purchase/sell
Total              4,127,212      4.02%        853,280     0.83%


(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      12,072               5.1965
Purchase      39,348               5.1432
Purchase      1,820                5.0510
Purchase      7,960                5.1734
Purchase      2,100                5.1562
Purchase      1,235                5.1458
Purchase      1,235                5.1458
Purchase      2,100                5.1562
Purchase      38,148               5.1566
Sale          39,348               5.1608
Sale          7,960                5.1734
Sale          7,960                5.1734
Sale          6,524                5.1521
Sale          1,235                5.1458
Sale          2,100                5.1562
Sale          1,820                5.1477
Sale          19,711               5.1931

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         1820          5.0509
CFD            Short         39348         5.1431
CFD            Short         1235          5.1457
CFD            Short         2100          5.1562
CFD            Short         38148         5.1565
CFD            Short         12072         5.1965
CFD            Long          1820          5.1476
CFD            Long          6524          5.152
CFD            Long          39348         5.1608
CFD            Long          7960          5.1734
CFD            Long          39225         5.1735

(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                         04 February 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