Rule 8.3 - METAL BULLETIN 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              METAL BULLETIN PLC
Class of relevant security    ORD GBP 0.02
to which the dealings being
disclosed relate (Note 2)
Date of dealing               19 September 2006

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          364,981     0.66%          122,878    0.22%
securities
(2) Derivatives       122,878     0.22%          471,644    0.85%
(other than
options)
(3) Options and             0     0.00%                0    0.00%
agreements to
purchase/sell

Total                 487,859     0.88%          594,522    1.08%


(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)
Sale          7,278                Transfer
Sale          12,299               Transfer
Sale          10,179               Transfer
Sale          18,660               Transfer
Sale          3,565                Transfer
Sale          140,214              Transfer
Sale          20,699               Transfer
Sale          11,912               Transfer
Sale          354,828              Transfer
Sale          11,003               Transfer
Sale          27,032               Transfer
Sale          6,654                Transfer
Sale          38,183               Transfer
Sale          34,852               Transfer
Sale          247,719              Transfer
Sale          923,108              Transfer
Sale          21,330               Transfer
Sale          88,714               Transfer
Sale          17,028               Transfer
Sale          30,963               Transfer
Sale          14,405               Transfer
Sale          5,332                Transfer
Sale          12,318               Transfer
Sale          11,685               Transfer
Sale          10,332               Transfer
Sale          9,617                Transfer
Sale          27,373               Transfer
Sale          10,819               Transfer
Sale          40,114               Transfer
Sale          12,519               Transfer
Sale          11,306               Transfer
Sale          16,483               Transfer
Sale          25,999               Transfer
Sale          28,706               Transfer
Sale          1,161                Transfer
Sale          164,619              Transfer


(b)  Derivatives transactions (other than options)

Product    Long/Short    Number of Securities  Price Per
name,      (Note 6)      (Note 7)              Unit (GBP)
e.g. CFD
CFD        Long          471644                Transfer


(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.





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


Date of disclosure                         20 September 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