Rule 8.3 - PUNCH TAVERNS

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)

Note: this is an amended report as yesterdays 8.3 showed an incorrect holding position for the options, this has now
been corrected.

1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              PUNCH TAVERNS
Class of relevant security    ORD SHS GBP0.0004786
to which the dealings being
disclosed relate (Note 2)
Date of dealing               02 April 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      10,553,735      3.96%      244,181       0.09%
securities
(2) Derivatives      200,673      0.08%      657,751       0.25%
(other than
options)
(3) Options and          0        0.00%        0           0.00%
agreements to
purchase/sell
Total             10,754,408      4.04%     901,932        0.34%


(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      1,360                5.6835
Purchase      1,815                5.8100
Purchase      666                  5.5400
Purchase      18,255               5.9325
Purchase      2,900                5.3900
Purchase      79,846               5.8982
Purchase      993                  5.3605
Purchase      34,337               5.3862
Purchase      3,192                5.4927
Purchase      40,823               5.4518
Purchase      4,120                5.4233
Purchase      700                  5.3960
Purchase      67,306               5.3918
Purchase      5,090                5.9501
Purchase      90,609               5.4228
Purchase      2,400                5.4590
Purchase      1,961                5.3900
Purchase      71,317               5.3810
Purchase      2,004                5.3900
Purchase      1,961                5.3900
Purchase      12,979               5.4530
Purchase      4,696                5.3910
Purchase      6,293                5.3655
Purchase      280                  5.8753
Purchase      2,490                5.3665
Purchase      6,900                5.4397
Purchase      514                  5.3900
Purchase      20,000               5.4293
Sale          7,200                5.1850
Sale          666                  5.5400
Sale          4,544                5.5389
Sale          78,731               5.4116
Sale          90,609               5.5392
Sale          1,200                5.4095
Sale          22,300               5.8100
Sale          20,800               5.7177
Sale          18,255               5.8091
Sale          3,847                5.5216
Sale          29,048               5.6572
Sale          13,594               5.9431
Sale          53                   5.5191
Sale          520                  5.4990
Sale          101,553              5.6001
Sale          800                  5.7097
Sale          4,306                5.8089
Sale          14,982               5.6887
Sale          32,631               5.6103
Sale          10,000               5.9300
Sale          1,961                5.3900
Sale          1,960                5.3941
Sale          9,459                5.4558
Sale          13,725               5.4325
Sale          15,924               5.4201
Sale          1,036                5.4622
Sale          64,671               5.4546
Sale          4,000                5.4595
Sale          1,704                5.4176
Sale          62,699               5.9365
Sale          72,030               5.8942
Sale          4,822                5.3642
Sale          6,178                5.9449
Sale          4,500                5.3795
Sale          65,184               5.9294
Sale          64,469               5.9545
Sale          5,390                5.8773
Sale          622                  5.9489
Sale          280                  5.8397
Sale          3,918                5.3642
Sale          20,027               5.3688
Sale          7,839                5.3898
Sale          1,528                5.3878
Sale          12,979               5.5389
Sale          13,361               5.4458
Sale          107,763              5.9156

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          4500          5.3794
CFD            Long          1528          5.3878
CFD            Long          7839          5.3897
CFD            Long          1960          5.394
CFD            Long          18764         5.3978
CFD            Long          1200          5.4095
CFD            Long          78731         5.4116
CFD            Long          1704          5.4176
CFD            Long          15924         5.4201
CFD            Long          13725         5.4325
CFD            Long          13361         5.4458
CFD            Long          64671         5.4546
CFD            Long          9459          5.4557
CFD            Long          4000          5.4594
CFD            Long          1036          5.4621
CFD            Long          520           5.4989
CFD            Long          53            5.519
CFD            Long          3847          5.5215
CFD            Long          17523         5.5389
CFD            Long          90609         5.5391
CFD            Long          101553        5.6
CFD            Long          32631         5.6102
CFD            Long          29048         5.6572
CFD            Long          14982         5.6887
CFD            Long          800           5.7097
CFD            Long          20800         5.7176
CFD            Long          4306          5.8088
CFD            Long          18255         5.8091
CFD            Long          280           5.8397
CFD            Long          5390          5.8772
CFD            Long          72030         5.8941
CFD            Long          107763        5.9156
CFD            Long          65184         5.9294
CFD            Long          62699         5.9364
CFD            Long          13594         5.9431
CFD            Long          6178          5.9449
CFD            Long          622           5.9488
CFD            Long          64469         5.9544
CFD            Short         993           5.3605
CFD            Short         6293          5.3655
CFD            Short         2490          5.3665
CFD            Short         18867         5.3707
CFD            Short         71317         5.381
CFD            Short         34337         5.3862
CFD            Short         4696          5.391
CFD            Short         67306         5.3917
CFD            Short         700           5.396
CFD            Short         1751          5.4172
CFD            Short         90609         5.4228
CFD            Short         4120          5.4233
CFD            Short         6900          5.4397
CFD            Short         40823         5.4518
CFD            Short         12979         5.4529
CFD            Short         2400          5.459
CFD            Short         3192          5.4927
CFD            Short         1360          5.6835
CFD            Short         2541          5.7267
CFD            Short         280           5.8752
CFD            Short         79846         5.8981
CFD            Short         18255         5.9325
CFD            Short         5090          5.95

(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 April 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