Rule 8.3 - RESOLUTION 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              RESOLUTION PLC
Class of relevant security    ORD GBP0.05
to which the dealings being
disclosed relate (Note 2)
Date of dealing               23 July 2007

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       22,643,338    3.30%        534,808     0.08%
securities
(2) Derivatives       211,295    0.03%      1,289,293     0.19%
(other than
options)
(3) Options and             0    0.00%              0     0.00%
agreements to
purchase/sell
Total              22,854,633    3.33%      1,824,101     0.27%


(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      47,848               6.3364
Purchase      31,553               6.3057
Purchase      17,600               6.3048
Purchase      412,206              6.3600
Purchase      3,764                6.2920
Purchase      1,106                6.3009
Purchase      23,333               6.3167
Purchase      14,531               6.3097
Purchase      3,519                6.2913
Purchase      17,702               6.3401
Purchase      17,374               6.3613
Purchase      47,515               6.4043
Purchase      21,188               6.3599
Purchase      3,290                6.2900
Purchase      15,704               6.3977
Purchase      251                  6.3600
Purchase      2,100                6.3058
Purchase      1,000                6.4792
Purchase      76                   6.3737
Purchase      27,678               6.3799
Sale          1,200                6.3500
Sale          8,518                6.3186
Sale          17,553               6.3284
Sale          16,000               6.3124
Sale          2,293                6.5700
Sale          694                  6.6907
Sale          12,996               6.4219
Sale          1,793                6.5700
Sale          3,519                6.3437
Sale          251                  6.3658
Sale          43,200               6.3401
Sale          1,390                6.3036
Sale          1,181                6.3200
Sale          12,530               6.3047
Sale          15,388               6.3797
Sale          912                  6.3493
Sale          1,000                6.3512



(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         3519          6.2912
CFD            Short         3764          6.292
CFD            Short         1106          6.3009
CFD            Short         17600         6.3047
CFD            Short         33653         6.3057
CFD            Short         14531         6.3096
CFD            Short         23333         6.3166
CFD            Short         47848         6.3364
CFD            Short         17702         6.34
CFD            Short         21188         6.3599
CFD            Short         412206        6.36
CFD            Short         17374         6.3612
CFD            Short         27678         6.3799
CFD            Short         15704         6.3976
CFD            Short         47515         6.4042
CFD            Long          1390          6.3036
CFD            Long          12530         6.3046
CFD            Long          16000         6.3123
CFD            Long          8518          6.3185
CFD            Long          43200         6.3401
CFD            Long          3519          6.3437
CFD            Long          912           6.3492
CFD            Long          1200          6.35
CFD            Long          15388         6.3797
CFD            Long          12996         6.4219


(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                         24 July 2007
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