Rule 8.3 - MURRAY VCT

FORM 8.3
DEALINGS BY PERSONS WHO OWN OR CONTROL 1% OR MORE OF ANY CLASS OF RELEVANT SECURITY
(Rule 8.3 of The City Code on Takeovers and Mergers)

Name of purchaser/vendor *                                  BARCLAYS PLC
Company dealt in                                            MURRAY VCT
Relevant security dealt in                                  ORD GBP 0.25
If a connected EFM, name of offeree/offeror with
which connected
If a connected EFM, nature of connection #
Date of dealing                                            26 JULY 2005

DEALINGS †
Amount bought                                              Price per unit (currency must be stated)

Amount sold                                                Price per unit (currency must be stated)
5,000                                                      0.2000

Resultant total amount and percentage of the
same relevant security owned or controlled     334,953 (1.18%)

IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? NO
Date of disclosure 27 JULY 2005
Contact name BARCLAYS CORPORATE SECRETARIAT
Telephone number 0207 116 2913

* Specify the owner or controller in addition to the person dealing. The naming of nominees or vehicle companies is
insufficient.

In the case of disclosure of dealings by fund managers on behalf of discretionary clients, the clients need not be
named.

# See the definition of "connected fund managers and principal traders" in the Definitions Section of the Code.

† If disclosing dealings/holdings in derivatives or options, please attach Supplemental Form 8 (Derivative) or
Supplemental Form 8 (Option), as appropriate.

For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover
Panel's website at www.thetakeoverpanel.org.uk.