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               24 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       22,485,261    3.28%        891,932     0.13%
securities
(2) Derivatives       466,963    0.07%      1,354,701     0.20%
(other than
options)
(3) Options and             0    0.00%              0     0.00%
agreements to
purchase/sell
Total              22,952,224    3.35%      2,246,633     0.33%


(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      46,941               6.3235
Purchase      155                  6.3262
Purchase      1,374                6.2487
Purchase      24,393               6.2576
Purchase      6,046                6.3100
Purchase      41,255               6.2883
Purchase      235                  6.2436
Purchase      10,903               6.2486
Purchase      5,514                6.2576
Purchase      67,252               6.2601
Purchase      767                  6.3400
Purchase      13,312               6.2576
Purchase      4,267                6.2576
Purchase      103,987              6.2576
Purchase      7,736                6.3100
Purchase      12,148               6.3242
Purchase      2,546                6.2576
Purchase      2,092                6.2576
Purchase      16,000               6.2580
Purchase      8,418                6.2576
Purchase      36,493               6.2920
Sale          500                  6.3314
Sale          5,556                6.3089
Sale          18,750               6.2674
Sale          46,941               6.3236
Sale          5,493                6.2587
Sale          155,448              6.2867
Sale          41,255               6.2883
Sale          17,526               6.3087
Sale          3,263                6.2656
Sale          4,188                6.2973
Sale          67,252               6.2601
Sale          2,847                6.3000
Sale          122,400              6.2555
Sale          418                  6.2538
Sale          78,074               6.2702


(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         16000         6.258
CFD            Short         36493         6.292
CFD            Short         12148         6.3241
CFD            Short         767           6.34
CFD            Long          418           6.2537
CFD            Long          122400        6.2554
CFD            Long          5493          6.2587
CFD            Long          3263          6.2655
CFD            Long          18750         6.2674
CFD            Long          78074         6.2701
CFD            Long          4188          6.2972
CFD            Long          17526         6.3087
CFD            Long          5556          6.3088


(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                         25 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