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               22 March 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       21,690,382    3.17%        258,495      0.04%
securities
(2) Derivatives       229,157    0.03%        500,296      0.07%
(other than
options)
(3) Options and             0    0.00%              0      0.00%
agreements to
purchase/sell
Total              21,919,539    3.20%        758,791      0.11%


(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           58,000               6.5556
Purchase            3,000               6.5963
Purchase           25,188               6.5813
Purchase            8,284               6.5800
Purchase              561               6.5750
Purchase            3,495               6.5764
Purchase              800               6.5210
Purchase           71,861               6.6019
Purchase            9,800               6.5543
Purchase          101,674               6.5914
Purchase              272               6.5800
Purchase            7,200               6.5246
Purchase            1,131               6.5413
Purchase           38,000               6.6174
Purchase           17,477               6.5563
Sale                  561               6.5600
Sale                  726               Transfer
Sale                1,400               6.5740
Sale                   42               6.6043
Sale               14,800               6.5782
Sale                  250               6.5900
Sale                1,131               6.5898
Sale                3,000               6.5987
Sale               10,004               6.5919
Sale                3,495               6.6887
Sale                5,659               6.6350
Sale               28,477               6.5775
Sale                2,400               6.6039
Sale               49,665               6.5826

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD               Short          800         6.5209
CFD               Short         7200         6.5245
CFD               Short         1131         6.5413
CFD               Short         9800         6.5543
CFD               Short        58000         6.5555
CFD               Short        17477         6.5563
CFD               Short         7024         6.571
CFD               Short         3495         6.5763
CFD               Short        25188         6.5813
CFD               Short       101674         6.5913
CFD               Short         3000         6.5963
CFD               Short        71861         6.6018
CFD               Short        38000         6.6174
CFD               Long          1400         6.574
CFD               Long         14800         6.5782
CFD               Long         49665         6.5825
CFD               Long          1131         6.5897
CFD               Long         10004         6.5919
CFD               Long          3000         6.5986
CFD               Long          2400         6.6039
CFD               Long            42         6.6042
CFD               Long          5659         6.635
CFD               Long          3495         6.6886

(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                         23 March 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