Rule 8.3 - PHS GROUP

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                                  PHS GROUP
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                                   9 AUGUST 2005

DEALINGS †

Amount bought                                     Price per unit (currency must be stated)

Amount sold                                       Price per unit (currency must be stated)
8,792                                             1.1400

Resultant total amount and percentage of the
same relevant security owned or controlled  19,411,982 (3.83%)


IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? YES

Date of disclosure  10 AUGUST 2005
Contact name        BARCLAYS CORPORATE SECRETATRIAT
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.

SUPPLEMENTAL FORM 8 (DERIVATIVE)

DEALINGS/HOLDINGS IN DERIVATIVES
(This form should be attached to Form 8.1, Form 8.1(b)(ii), Form 8.2 or Form 8.3, as appropriate)

Description of all derivative products       CFD - A purchaser of a CFD will realise
disclosed on this form                       a gain if the price of the underlying security
                                             goes up. A seller of a CFD will realise a gain
                                             if the price of the underlying security goes down.
                                             The CFD contracts are open ended and there is no
                                             rollover into new contracts.


Full details of any agreement, arrangement    None
or understanding between the person
disclosing and any other person 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.


WRITING/ENTERING INTO A DERIVATIVE

Product name   Transaction    Writing/        Number of        Reference price   Maturity date
eg long CFD    date           entering into   securities       (currency
                              (indicate as    to which the     must be stated)
                              applicable)     derivative
                                              is referenced

CLOSING OUT A DERIVATIVE

Product name   Transaction    Number of        Reference price   Closing out price
eg long CFD    date           securities       (currency         (currency must be
                              to which the     must be stated)   stated)
                              derivative
                              is referenced


DETAILS OF OPEN DERIVATIVES (excluding any transaction set out above)

Product name   Transaction    Written/        Number of        Reference price   Maturity date
eg long CFD    date           entered into    securities       (currency
                              (indicate as    to which the     must be stated)
                              applicable)     derivative
                                              is referenced
Long CFD       17/08/2004     Entered into    96,823           0.7339
Long CFD       18/08/2004     Entered into    77,835           0.7392
Long CFD       06/10/2004     Entered into    355,233          0.7612
Long CFD       18/11/2004     Entered into    69,156           0.7150
Short CFD      06/01/2005     Entered into    63,074           0.8345
Long CFD       16/03/2005     Entered into    17,466           0.8663
Short CFD      16/03/2005     Entered into    17,466           0.8663
Long CFD       09/05/2005     Entered into    31,944           0.8488
Short CFD      19/05/2005     Entered into    178,140          0.9738
Short CFD      19/05/2005     Entered into    8,611            0.9738
Short CFD      19/05/2005     Entered into    15,749           0.9738
Short CFD      19/05/2005     Entered into    77,500           0.9738
Short CFD      23/05/2005     Entered into    183,175          0.9578
Short CFD      23/05/2005     Entered into    16,195           0.9578
Short CFD      23/05/2005     Entered into    8,855            0.9578
Short CFD      23/05/2005     Entered into    79,692           0.9578
Long CFD       23/05/2005     Written         8,855            0.9578
Long CFD       07/07/2005     Written         50,000           1.1469

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.