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               26 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       22,964,034    3.35%        425,900     0.06%
securities
(2) Derivatives       974,703    0.14%      2,175,973     0.32%
(other than
options)
(3) Options and             0    0.00%              0     0.00%
agreements to
purchase/sell
Total              23,938,737    3.49%      2,601,873     0.38%


(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      958                  6.1356
Purchase      30                   6.0987
Purchase      450                  6.1337
Purchase      1,681                6.1178
Purchase      15,300               6.0375
Purchase      20,598               6.1178
Purchase      215                  6.1100
Purchase      3,171                6.5012
Purchase      2,426                6.1178
Purchase      96,814               6.1178
Purchase      7,727                6.1178
Purchase      69,904               6.1178
Purchase      3,313                6.1178
Purchase      714                  6.3150
Purchase      13,833               6.1178
Purchase      9,908                6.1178
Purchase      369,600              6.0898
Purchase      3,559                6.1712
Purchase      8,464                6.1307
Purchase      1,917                6.1178
Purchase      17,532               6.1328
Purchase      4,385                6.1178
Purchase      8,144                6.0166
Sale          21,188               6.1103
Sale          2,134                6.1716
Sale          1,000                6.2562
Sale          16,184               6.3150
Sale          3,871                6.1567
Sale          3,559                6.0188
Sale          71,850               6.1431
Sale          54,771               6.1142
Sale          483                  5.9275
Sale          47,553               6.1184
Sale          39,032               6.1348
Sale          159,091              6.3139


(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         8144          6.0165
CFD            Short         15300         6.0375
CFD            Short         369600        6.0898
CFD            Short         8464          6.1306
CFD            Short         958           6.1355
CFD            Short         3559          6.1712
CFD            Short         3171          6.5012
CFD            Long          3559          6.0187
CFD            Long          21188         6.1102
CFD            Long          54771         6.1142
CFD            Long          39032         6.1347
CFD            Long          71850         6.1431
CFD            Long          3871          6.1566
CFD            Long          159091        6.3138



(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                         27 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