Rule 8.3 - THE PENINSULAR AND ORIENTAL STEAM NA...

FORM 8.3

   DEALINGS BY PERSONS WHO OWN OR CONTROL 1% OR MORE OF ANY CLASS OF RELEVANT
                                    SECURITY
              (Rule 8.3 of The City Code on Takeovers and Mergers)

Name of purchaser/vendor *                  BARCLAYS PLC
Company dealt in                            THE PENINSULAR AND ORIENTAL STEAM NAVIGATION COMPANY PLC
Relevant security dealt in                  ORD GBP 1.00
If a connected EFM, name of offeree/offeror
with which connected
If a connected EFM, nature of connection #
Date of dealing                             04 NOVEMBER 2005

DEALINGS †

Amount bought                               Price per unit (currency must be stated)
1,400                                       4.4475
12,416                                      Transfer
18,014                                      4.3582

Amount sold                                 Price per unit (currency must be stated)
450                                         4.3150
600                                         4.3225
650                                         4.4555
979                                         4.4458
1,050                                       4.3176
1,150                                       4.3975
1,307                                       4.3625
1,359                                       4.4500
1,650                                       4.2850
1,700                                       4.3125
1,700                                       4.4450
2,400                                       4.4625
3,000                                       4.4000
3,275                                       4.2975
6,393                                       4.3350
6,910                                       4.3950
8,945                                       4.4375
10,318                                      4.3900
46,600                                      4.3161
48,287                                      4.4125
3,050                                       4.4475



Resultant total amount and percentage of the
same relevant security owned or controlled  31,825,258 (4.24%)

IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED?   YES

Date of disclosure                          07 NOVEMBER 2005
Contact name                                BARCLAYS CORPORATE SECRETARIAT
Telephone number                            0207 116 2913

*Specify the owner or controller in addition to the person dealing.  The naming
 of nominees or vehicle companies is insufficient.  In the case of disclosure
 of dealings by fund managers on behalf of discretionary clients, the clients
 need not be named.
#See the definition of "connected fund managers and principal traders" in the
 Definitions Section of the Code.
†If disclosing dealings/holdings in derivatives or options, please attach
 Supplemental Form 8 (Derivative) or Supplemental Form 8 (Option), as
 appropriate.

For details of the Code's dealing disclosure requirements, see Rule 8 and its
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.


SUPPLEMENTAL FORM 8 (DERIVATIVE)

                        DEALINGS/HOLDINGS IN DERIVATIVES
  (This form should be attached to Form 8.1, Form 8.1(b)(ii), Form 8.2 or Form
                              8.3, as appropriate)


Description of all derivative products disclosed on  CFD - A purchaser of a CFD will realise a gain if
this form                                            the price of the underlying security goes up. A
                                                     seller of a CFD will realise a gain if the price of
                                                     the underlying security goes down. The CFD
                                                     contracts are open ended and there is no rollover
                                                     into new contracts.


Full details of any agreement, arrangement or        None
understanding between the person disclosing and any
other person 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.


WRITING/ENTERING INTO A DERIVATIVE

Product name    Transaction     Writing/entering    Number of securities to    Reference     Maturity
eg long CFD     date            into (indicate as   which the derivative is    price         date
                                applicable)         referenced                 (currency
                                                                               must be
                                                                               stated)
Long CFD        04/11/2005      Written             46,600                     4.3160
Short CFD       04/11/2005      Written             18,014                     4.3582
Short CFD       04/11/2005      Written             1,400                      4.4475

CLOSING OUT A DERIVATIVE

Product name    Transaction     Number of securities to which the   Reference price   Closing out price
eg long CFD     date            derivative is referenced            (currency must    (currency must be
                                                                    be stated)        stated)





DETAILS OF OPEN DERIVATIVES (excluding any transaction set out above)

Product name     Transaction      Written/entered   Number of securities   Reference price    Maturity
eg long CFD      date             into (indicate    to which the           (currency must be  date
                                  as applicable)    derivative is          stated)
                                                    referenced
Long CFD         16/01/2004       Written           50,000                 2.5792
Long CFD         21/01/2004       Written           4,200                  2.5329
Long CFD         30/01/2004       Written           2,600                  2.4122
Long CFD         20/02/2004       Written           17,300                 2.3262
Long CFD         24/02/2004       Written           3,500                  2.2547
Long CFD         03/03/2004       Written           32,100                 2.3920
Long CFD         04/03/2004       Written           43,600                 2.3734
Long CFD         11/03/2004       Written           18,600                 2.3260
Long CFD         21/04/2004       Written           1,800                  2.2197
Long CFD         22/04/2004       Written           2,100                  2.2297
Long CFD         29/04/2004       Written           5,100                  2.1831
Long CFD         04/05/2004       Written           21,300                 2.1811
Long CFD         05/05/2004       Written           25,300                 2.1731
Long CFD         10/05/2004       Written           40,700                 2.1670
Long CFD         11/05/2004       Written           15,100                 2.2202
Long CFD         12/05/2004       Written           47,758                 2.2059
Long CFD         13/07/2004       Written           20,500                 2.2697
Long CFD         21/07/2004       Written           15,400                 2.2825
Long CFD         22/07/2004       Written           25,300                 2.2721
Long CFD         23/07/2004       Written           21,000                 2.2597
Long CFD         26/07/2004       Written           28,200                 2.2449
Long CFD         27/07/2004       Written           8,900                  2.2323
Long CFD         28/07/2004       Written           9,900                  2.2497
Long CFD         31/08/2004       Written           1,300                  2.3897
Long CFD         02/09/2004       Written           16,000                 2.4386
Long CFD         03/09/2004       Written           13,200                 2.4222
Long CFD         17/09/2004       Written           45,200                 2.4440
Long CFD         20/09/2004       Written           15,100                 2.5107
Long CFD         21/09/2004       Written           500                    2.5475
Long CFD         22/09/2004       Written           42,278                 2.4906
Long CFD         23/09/2004       Written           36,200                 2.4782
Long CFD         27/09/2004       Written           13,200                 2.5075
Long CFD         28/09/2004       Written           3,700                  2.4650
Long CFD         29/09/2004       Written           18,952                 2.6487
Long CFD         30/09/2004       Written           43,847                 2.6086
Long CFD         04/10/2004       Written           56,228                 2.6912
Long CFD         05/10/2004       Written           17,346                 2.6700
Long CFD         06/10/2004       Written           36,505                 2.6767
Long CFD         07/10/2004       Written           8,000                  2.6850
Long CFD         07/10/2004       Written           3,800                  2.6875
Long CFD         08/10/2004       Written           46,734                 2.7399
Long CFD         11/10/2004       Written           3,400                  2.7300
Long CFD         12/10/2004       Written           19,210                 2.6928
Long CFD         12/10/2004       Written           1,115                  2.6925
Long CFD         14/10/2004       Written           2,496                  2.6525
Long CFD         14/10/2004       Written           14,492                 2.6475
Long CFD         15/10/2004       Written           1,600                  2.6600
Long CFD         20/10/2004       Written           30,011                 2.6540
Long CFD         21/10/2004       Written           21,066                 2.6861
Long CFD         22/10/2004       Written           43,127                 2.7321
Long CFD         25/10/2004       Written           49,341                 2.7415
Long CFD         26/10/2004       Written           24,238                 2.7206
Long CFD         27/10/2004       Written           21,400                 2.6995
Long CFD         28/10/2004       Written           22,400                 2.6940
Long CFD         09/11/2004       Written           13,314                 2.7375
Long CFD         12/11/2004       Written           135,981                2.8811
Long CFD         12/11/2004       Written           68,270                 2.8922
Long CFD         15/11/2004       Written           94,694                 2.9042
Long CFD         16/11/2004       Written           5,487                  2.8928
Long CFD         16/11/2004       Written           80,784                 2.8806
Long CFD         17/11/2004       Written           56,172                 2.8775
Long CFD         18/11/2004       Written           38,803                 2.9206
Long CFD         18/11/2004       Written           42,359                 2.9258
Long CFD         19/11/2004       Written           19,710                 2.9144
Long CFD         22/11/2004       Written           23,800                 2.8924
Long CFD         22/11/2004       Written           19,700                 2.8940
Long CFD         23/11/2004       Written           13,487                 2.9498
Long CFD         23/11/2004       Written           10,000                 2.9325
Long CFD         24/11/2004       Written           16,502                 2.9344
Long CFD         24/11/2004       Written           1,310                  2.9325
Long CFD         26/11/2004       Written           67,066                 2.9559
Long CFD         29/11/2004       Written           56,488                 3.0133
Long CFD         30/11/2004       Written           84,260                 3.0163
Long CFD         30/11/2004       Written           5,536                  3.0215
Long CFD         01/12/2004       Written           21,158                 3.0377
Long CFD         02/12/2004       Written           30,400                 3.0465
Long CFD         02/12/2004       Written           2,747                  3.0678
Long CFD         03/12/2004       Written           10,300                 3.0700
Long CFD         06/12/2004       Written           81,048                 3.0624
Long CFD         06/12/2004       Written           4,121                  3.0654
Long CFD         06/12/2004       Written           35,253                 3.0623
Long CFD         07/12/2004       Written           33,534                 3.0607
Long CFD         08/12/2004       Written           24,121                 3.0654
Long CFD         09/12/2004       Written           3,900                  3.0575
Long CFD         09/12/2004       Written           8,496                  3.0475
Long CFD         10/12/2004       Written           13,895                 3.0375
Long CFD         10/12/2004       Written           5,900                  3.0400
Long CFD         14/12/2004       Written           32,594                 3.0646
Long CFD         14/12/2004       Written           47,080                 3.0635
Long CFD         15/12/2004       Written           2,000                  2.9175
Long CFD         15/12/2004       Written           10,200                 2.8637
Long CFD         17/12/2004       Written           5,781                  2.9000
Long CFD         17/12/2004       Written           2,019                  2.9000
Long CFD         20/12/2004       Written           10,588                 2.9375
Long CFD         05/01/2005       Written           11,867                 3.0075
Long CFD         10/01/2005       Written           64,179                 3.0200
Long CFD         11/01/2005       Written           23,420                 3.0106
Long CFD         11/01/2005       Written           11,300                 3.0135
Long CFD         12/01/2005       Written           15,681                 2.9609
Long CFD         13/01/2005       Written           18,100                 2.9225
Long CFD         20/01/2005       Written           47,702                 3.0166
Long CFD         24/01/2005       Written           29,052                 2.9625
Long CFD         01/02/2005       Written           50,000                 3.0786
Long CFD         01/02/2005       Written           3,481                  3.0947
Long CFD         02/02/2005       Written           20,347                 3.1200
Long CFD         02/02/2005       Written           1,151                  3.0975
Long CFD         03/02/2005       Written           9,705                  3.1237
Long CFD         07/02/2005       Written           49,500                 3.1194
Long CFD         08/02/2005       Written           2,059                  3.1322
Long CFD         09/02/2005       Written           2,157                  3.1297
Long CFD         10/02/2005       Written           9,997                  3.1090
Long CFD         16/02/2005       Written           44,093                 3.0918
Long CFD         16/02/2005       Written           72,008                 3.0810
Long CFD         17/02/2005       Written           24,444                 3.1028
Long CFD         18/02/2005       Written           25,000                 3.1111
Long CFD         18/02/2005       Written           62,081                 3.1210
Long CFD         18/02/2005       Written           4,645                  3.1211
Long CFD         21/02/2005       Written           50,700                 3.0535
Long CFD         22/02/2005       Written           118,407                3.0432
Long CFD         23/02/2005       Written           29,800                 3.0459
Long CFD         23/02/2005       Written           19,573                 3.0528
Long CFD         25/02/2005       Written           34,939                 3.1101
Long CFD         28/02/2005       Written           44,092                 3.1230
Long CFD         01/03/2005       Written           4,000                  3.1222
Long CFD         02/03/2005       Written           53,180                 3.1507
Long CFD         02/03/2005       Written           27,840                 3.1516
Long CFD         02/03/2005       Written           2,000                  3.1525
Long CFD         03/03/2005       Written           72,023                 3.1681
Long CFD         04/03/2005       Written           5,785                  3.1711
Long CFD         07/03/2005       Written           4,254                  3.2099
Long CFD         07/03/2005       Written           18,915                 3.2100
Long CFD         08/03/2005       Written           105,772                3.0454
Long CFD         09/03/2005       Written           5,458                  3.0369
Long CFD         09/03/2005       Written           13,500                 3.0350
Long CFD         10/03/2005       Written           34,234                 3.0207
Long CFD         10/03/2005       Written           2,008                  3.0340
Long CFD         15/03/2005       Written           3,600                  3.0250
Long CFD         16/03/2005       Written           23,728                 3.0006
Long CFD         16/03/2005       Written           6,600                  3.0000
Long CFD         16/03/2005       Written           148,389                3.0013
Long CFD         17/03/2005       Written           37,572                 3.0006
Long CFD         21/03/2005       Written           10,000                 3.0500
Long CFD         21/03/2005       Written           22,051                 3.0478
Long CFD         21/03/2005       Written           25,082                 3.0503
Long CFD         22/03/2005       Written           37,256                 3.0353
Long CFD         22/03/2005       Written           5,000                  3.0397
Long CFD         22/03/2005       Written           4,700                  3.0375
Long CFD         23/03/2005       Written           31,580                 2.9736
Long CFD         23/03/2005       Written           28,368                 2.9725
Long CFD         23/03/2005       Written           48,798                 2.9656
Long CFD         24/03/2005       Written           5,134                  2.9616
Long CFD         29/03/2005       Written           2,400                  2.9550
Long CFD         29/03/2005       Written           9,128                  2.8999
Long CFD         30/03/2005       Written           4,955                  2.8935
Long CFD         31/03/2005       Written           2,300                  2.9260
Long CFD         31/03/2005       Written           6,104                  2.9055
Long CFD         04/04/2005       Written           33,861                 2.9039
Long CFD         05/04/2005       Written           958                    2.8447
Long CFD         06/04/2005       Written           5,447                  2.8519
Long CFD         07/04/2005       Written           12,687                 2.8930
Long CFD         07/04/2005       Written           19,173                 2.9171
Long CFD         11/04/2005       Written           19,200                 2.8807
Long CFD         12/04/2005       Written           29,504                 2.8828
Long CFD         12/04/2005       Written           25,000                 2.8593
Long CFD         13/04/2005       Written           5,788                  2.8844
Long CFD         13/04/2005       Written           5,100                  2.8850
Long CFD         14/04/2005       Written           57,523                 2.8582
Long CFD         15/04/2005       Written           22,899                 2.7965
Long CFD         15/04/2005       Written           7,436                  2.7814
Long CFD         18/04/2005       Written           13,400                 2.7100
Long CFD         18/04/2005       Written           4,085                  2.6797
Long CFD         19/04/2005       Written           11,000                 2.7894
Long CFD         19/04/2005       Written           11,732                 2.8205
Long CFD         19/04/2005       Written           1,630                  2.8222
Long CFD         19/04/2005       Written           12,000                 2.8325
Long CFD         20/04/2005       Written           37,069                 2.8237
Long CFD         20/04/2005       Written           1,273                  2.8372
Long CFD         20/04/2005       Written           3,500                  2.8225
Long CFD         20/04/2005       Written           18,200                 2.8225
Long CFD         21/04/2005       Written           4,542                  2.8015
Long CFD         25/04/2005       Written           20,856                 2.8105
Long CFD         25/04/2005       Written           5,630                  2.8124
Long CFD         27/04/2005       Written           13,979                 2.7340
Long CFD         28/04/2005       Written           37,100                 2.7308
Long CFD         28/04/2005       Written           17,500                 2.7148
Long CFD         29/04/2005       Written           5,864                  2.7107
Long CFD         05/05/2005       Written           52,467                 2.6745
Long CFD         06/05/2005       Written           24,352                 2.6683
Long CFD         09/05/2005       Written           110,120                2.6744
Long CFD         10/05/2005       Written           6,600                  2.7350
Long CFD         10/05/2005       Written           20,000                 2.8562
Long CFD         10/05/2005       Written           5,644                  2.7775
Long CFD         11/05/2005       Written           280,363                2.8157
Long CFD         12/05/2005       Written           88,787                 2.7961
Long CFD         17/05/2005       Written           1,644                  2.7985
Long CFD         18/05/2005       Written           31,091                 2.8844
Long CFD         18/05/2005       Written           23,529                 2.9086
Long CFD         19/05/2005       Written           7,000                  3.0150
Long CFD         19/05/2005       Written           110,409                3.1557
Long CFD         19/05/2005       Written           28,194                 3.1889
Long CFD         20/05/2005       Written           27,550                 3.1839
Long CFD         20/05/2005       Written           53,218                 3.1857
Long CFD         20/05/2005       Written           264,358                3.1813
Long CFD         23/05/2005       Written           3,300                  3.1675
Long CFD         23/05/2005       Written           80,925                 3.1518
Long CFD         23/05/2005       Written           578                    3.1497
Long CFD         24/05/2005       Written           88,325                 3.0954
Long CFD         24/05/2005       Written           2,100                  3.1000
Long CFD         25/05/2005       Written           76,553                 3.1105
Long CFD         25/05/2005       Written           6,152                  3.1238
Long CFD         26/05/2005       Written           13,782                 3.1497
Long CFD         27/05/2005       Written           22,900                 3.1231
Long CFD         27/05/2005       Written           25,548                 3.1256
Long CFD         31/05/2005       Written           2,400                  3.1325
Long CFD         31/05/2005       Written           59,001                 3.1082
Long CFD         01/06/2005       Written           3,800                  3.1175
Long CFD         01/06/2005       Written           73,157                 3.1345
Long CFD         01/06/2005       Written           66,300                 3.1627
Long CFD         02/06/2005       Written           77,532                 3.1878
Long CFD         03/06/2005       Written           134,303                3.2203
Long CFD         03/06/2005       Written           2,200                  3.2025
Long CFD         03/06/2005       Written           65,600                 3.2174
Long CFD         06/06/2005       Written           17,800                 3.2242
Long CFD         06/06/2005       Written           65,418                 3.2136
Long CFD         06/06/2005       Written           24,700                 3.2114
Long CFD         07/06/2005       Written           58,041                 3.2923
Long CFD         07/06/2005       Written           10,600                 3.2958
Long CFD         08/06/2005       Written           3,000                  3.2800
Long CFD         08/06/2005       Written           58,654                 3.2882
Long CFD         09/06/2005       Written           68,828                 3.3027
Long CFD         09/06/2005       Written           17,200                 3.2950
Long CFD         10/06/2005       Written           38,844                 3.4183
Long CFD         10/06/2005       Written           22,684                 3.4389
Long CFD         13/06/2005       Written           6,700                  3.4278
Long CFD         13/06/2005       Written           41,291                 3.4146
Long CFD         14/06/2005       Written           119,146                3.3715
Long CFD         14/06/2005       Written           959                    3.3897
Long CFD         14/06/2005       Written           22,911                 3.3703
Long CFD         17/06/2005       Written           10,387                 3.2961
Long CFD         17/06/2005       Written           26,995                 3.2958
Long CFD         20/06/2005       Written           16,600                 3.2609
Long CFD         21/06/2005       Written           4,581                  3.2799
Long CFD         23/06/2005       Written           38,474                 3.2870
Long CFD         24/06/2005       Written           15,400                 3.2218
Long CFD         27/06/2005       Written           56,764                 3.1935
Long CFD         29/06/2005       Written           3,484                  3.2047
Long CFD         04/07/2005       Written           1,900                  3.1425
Long CFD         04/07/2005       Written           8,761                  3.1350
Long CFD         05/07/2005       Written           19,500                 3.1272
Long CFD         06/07/2005       Written           2,500                  3.1525
Long CFD         07/07/2005       Written           48,100                 3.1120
Long CFD         08/07/2005       Written           1,400                  3.1275
Long CFD         11/07/2005       Written           118,880                3.1684
Long CFD         11/07/2005       Written           44,351                 3.1659
Long CFD         12/07/2005       Written           21,600                 3.1633
Long CFD         14/07/2005       Written           132,932                3.1904
Long CFD         14/07/2005       Written           65,836                 3.2037
Long CFD         15/07/2005       Written           6,000                  3.1275
Long CFD         18/07/2005       Written           36,224                 3.1277
Long CFD         19/07/2005       Written           27,733                 3.0964
Long CFD         19/07/2005       Written           23,100                 3.0987
Long CFD         21/07/2005       Written           40,000                 3.1962
Long CFD         22/07/2005       Written           39,475                 3.2039
Long CFD         22/07/2005       Written           5,000                  3.2075
Long CFD         25/07/2005       Written           46,700                 3.2014
Long CFD         25/07/2005       Written           37,406                 3.1913
Long CFD         27/07/2005       Written           14,315                 3.1919
Long CFD         28/07/2005       Written           21,100                 3.1800
Long CFD         28/07/2005       Written           29,321                 3.1800
Long CFD         01/08/2005       Written           180                    3.1747
Long CFD         02/08/2005       Written           11,600                 3.1850
Long CFD         03/08/2005       Written           30,396                 3.2134
Long CFD         05/08/2005       Written           14,064                 3.2550
Long CFD         05/08/2005       Written           12,600                 3.2550
Long CFD         08/08/2005       Written           45,900                 3.2795
Long CFD         09/08/2005       Written           27,700                 3.2648
Long CFD         09/08/2005       Written           2,548                  3.2772
Long CFD         11/08/2005       Written           34,444                 3.2566
Long CFD         11/08/2005       Written           214                    3.2525
Long CFD         12/08/2005       Written           82,819                 3.3253
Long CFD         12/08/2005       Written           2,400                  3.3300
Long CFD         15/08/2005       Written           74,179                 3.3242
Long CFD         15/08/2005       Written           68,200                 3.3256
Long CFD         16/08/2005       Written           51,400                 3.3144
Long CFD         17/08/2005       Written           38,039                 3.2457
Long CFD         17/08/2005       Written           25,000                 3.2490
Long CFD         18/08/2005       Written           36,262                 3.2257
Long CFD         19/08/2005       Written           5,600                  3.2150
Long CFD         22/08/2005       Written           49,800                 3.3082
Long CFD         22/08/2005       Written           197                    3.2225
Long CFD         23/08/2005       Written           25,700                 3.2971
Long CFD         23/08/2005       Written           55,100                 3.2993
Long CFD         24/08/2005       Written           6,000                  3.2350
Long CFD         25/08/2005       Written           1,400                  3.2575
Long CFD         26/08/2005       Written           8,700                  3.1800
Long CFD         30/08/2005       Written           11,310                 3.1998
Long CFD         30/08/2005       Written           317,139                3.1988
Long CFD         02/09/2005       Written           2,550                  3.2047
Long CFD         02/09/2005       Written           5,200                  3.1875
Long CFD         05/09/2005       Written           14,607                 3.2157
Long CFD         06/09/2005       Written           19,610                 3.2975
Long CFD         07/09/2005       Written           46,711                 3.2923
Long CFD         07/09/2005       Written           2,100                  3.2925
Long CFD         08/09/2005       Written           13,868                 3.2871
Long CFD         08/09/2005       Written           18,000                 3.2836
Long CFD         09/09/2005       Written           11,814                 3.3108
Long CFD         09/09/2005       Written           26,109                 3.3104
Long CFD         12/09/2005       Written           17,455                 3.3402
Long CFD         13/09/2005       Written           54,742                 3.3538
Long CFD         13/09/2005       Written           80,620                 3.3524
Long CFD         14/09/2005       Written           20,100                 3.3371
Long CFD         15/09/2005       Written           3,500                  3.2950
Long CFD         16/09/2005       Written           4,900                  3.3399
Long CFD         19/09/2005       Written           15,400                 3.3660
Long CFD         20/09/2005       Written           7,000                  3.3375
Long CFD         21/09/2005       Written           55,592                 3.3029
Long CFD         22/09/2005       Written           29,744                 3.2781
Long CFD         23/09/2005       Written           5,700                  3.3100
Long CFD         26/09/2005       Written           2,402                  3.2375
Long CFD         26/09/2005       Written           1,998                  3.2375
Long CFD         27/09/2005       Written           27,900                 3.2361
Long CFD         29/09/2005       Written           18,700                 3.3255
Long CFD         30/09/2005       Written           47,304                 3.3370
Long CFD         05/10/2005       Written           14,800                 3.3207
Long CFD         06/10/2005       Written           8,182                  3.2664
Long CFD         07/10/2005       Written           1,907                  3.2697
Long CFD         10/10/2005       Written           27,605                 3.2539
Long CFD         12/10/2005       Written           29,361                 3.2014
Long CFD         12/10/2005       Written           12,200                 3.1875
Long CFD         13/10/2005       Written           14,900                 3.1025
Long CFD         17/10/2005       Written           26,715                 3.0958
Long CFD         17/10/2005       Written           3,200                  3.1371
Long CFD         17/10/2005       Written           5,900                  3.1551
Long CFD         18/10/2005       Written           18,411                 3.0992
Long CFD         19/10/2005       Written           24,500                 3.0301
Long CFD         20/10/2005       Written           114,108                3.0903
Long CFD         20/10/2005       Written           16,400                 3.0916
Long CFD         21/10/2005       Written           4,676                  3.0722
Long CFD         21/10/2005       Written           17,200                 3.0809
Long CFD         21/10/2005       Written           27,900                 3.0774
Long CFD         24/10/2005       Written           16,700                 3.0915
Long CFD         24/10/2005       Written           9,600                  3.1183
Long CFD         25/10/2005       Written           15,598                 3.0443
Long CFD         26/10/2005       Written           18,800                 3.0580
Long CFD         26/10/2005       Written           5,200                  3.0522
Long CFD         26/10/2005       Written           3,200                  3.0721
Long CFD         26/10/2005       Written           84,239                 3.0525
Long CFD         27/10/2005       Written           10,011                 3.0398
Long CFD         27/10/2005       Written           16,400                 3.0458
Long CFD         27/10/2005       Written           5,000                  3.0375
Long CFD         28/10/2005       Written           37,200                 3.0739
Long CFD         28/10/2005       Written           11,800                 3.0950
Long CFD         28/10/2005       Written           10,000                 3.0972
Short CFD        19/01/2004       Written           4,400                  2.5503
Short CFD        22/01/2004       Written           13,500                 2.4828
Short CFD        23/01/2004       Written           31,900                 2.4064
Short CFD        26/01/2004       Written           2,500                  2.3878
Short CFD        27/01/2004       Written           9,100                  2.3646
Short CFD        03/02/2004       Written           53,100                 2.3028
Short CFD        04/02/2004       Written           25,900                 2.2661
Short CFD        09/02/2004       Written           7,500                  2.3003
Short CFD        10/02/2004       Written           24,000                 2.2759
Short CFD        26/05/2004       Written           14,300                 2.1478
Short CFD        07/06/2004       Written           2,400                  2.1578
Short CFD        23/06/2004       Written           8,200                  2.1228
Short CFD        24/06/2004       Written           27,200                 2.1088
Short CFD        25/06/2004       Written           44,300                 2.1106
Short CFD        29/06/2004       Written           17,100                 2.1503
Short CFD        01/07/2004       Written           8,400                  2.3128
Short CFD        09/08/2004       Written           36,600                 2.0764
Short CFD        11/08/2004       Written           9,500                  2.0665
Short CFD        16/09/2004       Written           3,400                  2.4100
Short CFD        17/09/2004       Written           14,027                 2.3908
Short CFD        17/09/2004       Written           5,123                  2.3900
Short CFD        20/09/2004       Written           2,800                  2.4525
Short CFD        20/09/2004       Written           211,158                2.5250
Short CFD        21/09/2004       Written           91,275                 2.5595
Short CFD        24/09/2004       Written           7,300                  2.4825
Short CFD        27/09/2004       Written           10,000                 2.5025
Short CFD        28/09/2004       Written           66,985                 2.5193
Short CFD        30/09/2004       Written           32,500                 2.6106
Short CFD        01/10/2004       Written           5,800                  2.6200
Short CFD        01/10/2004       Written           46,333                 2.6062
Short CFD        04/10/2004       Written           5,600                  2.6825
Short CFD        05/10/2004       Written           5,000                  2.6525
Short CFD        08/10/2004       Written           38,570                 2.6674
Short CFD        08/10/2004       Written           1,900                  2.6350
Short CFD        11/10/2004       Written           1,115                  2.7125
Short CFD        11/10/2004       Written           3,500                  2.7150
Short CFD        18/10/2004       Written           5,300                  2.6250
Short CFD        19/10/2004       Written           26,979                 2.6677
Short CFD        19/10/2004       Written           13,883                 2.6709
Short CFD        22/10/2004       Written           7,400                  2.7000
Short CFD        27/10/2004       Written           16,094                 2.6950
Short CFD        01/11/2004       Written           76,430                 2.6760
Short CFD        02/11/2004       Written           114,420                2.6740
Short CFD        02/11/2004       Written           10,481                 2.6875
Short CFD        03/11/2004       Written           153,442                2.6897
Short CFD        04/11/2004       Written           66,023                 2.6839
Short CFD        04/11/2004       Written           21,900                 2.6844
Short CFD        05/11/2004       Written           96,087                 2.7038
Short CFD        05/11/2004       Written           980                    2.7000
Short CFD        08/11/2004       Written           10,261                 2.7175
Short CFD        09/11/2004       Written           5,800                  2.7141
Short CFD        10/11/2004       Written           40,725                 2.7546
Short CFD        11/11/2004       Written           7,500                  2.8275
Short CFD        12/11/2004       Written           3,300                  2.8350
Short CFD        17/11/2004       Written           8,289                  2.8634
Short CFD        19/11/2004       Written           5,970                  2.8938
Short CFD        19/11/2004       Written           6,658                  2.8975
Short CFD        25/11/2004       Written           4,700                  2.9550
Short CFD        29/11/2004       Written           269                    2.9799
Short CFD        29/11/2004       Written           8,666                  2.9975
Short CFD        01/12/2004       Written           5,300                  3.0087
Short CFD        01/12/2004       Written           6,816                  3.0060
Short CFD        02/12/2004       Written           9,421                  3.0675
Short CFD        07/12/2004       Written           11,908                 3.0600
Short CFD        07/12/2004       Written           198                    3.0404
Short CFD        08/12/2004       Written           2,406                  3.0496
Short CFD        13/12/2004       Written           19,417                 3.0308
Short CFD        13/12/2004       Written           24,746                 3.0300
Short CFD        13/12/2004       Written           24,494                 3.0510
Short CFD        14/12/2004       Written           17,633                 3.0561
Short CFD        15/12/2004       Written           38,986                 2.9544
Short CFD        15/12/2004       Written           9,100                  2.9379
Short CFD        16/12/2004       Written           41,300                 2.9003
Short CFD        16/12/2004       Written           40,825                 2.9042
Short CFD        21/12/2004       Written           13,700                 2.9531
Short CFD        22/12/2004       Written           29,910                 2.9712
Short CFD        22/12/2004       Written           38,311                 2.9679
Short CFD        23/12/2004       Written           26,600                 2.9670
Short CFD        23/12/2004       Written           19,351                 2.9703
Short CFD        24/12/2004       Written           11,100                 2.9675
Short CFD        29/12/2004       Written           2,600                  2.9600
Short CFD        30/12/2004       Written           2,500                  2.9775
Short CFD        04/01/2005       Written           27,941                 3.0062
Short CFD        04/01/2005       Written           15,604                 3.0048
Short CFD        07/01/2005       Written           19,989                 3.0248
Short CFD        07/01/2005       Written           9,500                  3.0275
Short CFD        12/01/2005       Written           12,502                 2.9737
Short CFD        12/01/2005       Written           28,450                 2.9537
Short CFD        13/01/2005       Written           38,232                 2.9381
Short CFD        13/01/2005       Written           17,193                 2.9377
Short CFD        14/01/2005       Written           76,218                 2.9313
Short CFD        14/01/2005       Written           17,139                 2.9298
Short CFD        14/01/2005       Written           50,149                 2.9305
Short CFD        17/01/2005       Written           49,679                 2.9691
Short CFD        17/01/2005       Written           48,387                 2.9813
Short CFD        18/01/2005       Written           34,095                 2.9887
Short CFD        18/01/2005       Written           2,588                  2.9850
Short CFD        19/01/2005       Written           117,425                3.0059
Short CFD        20/01/2005       Written           15,964                 3.0050
Short CFD        21/01/2005       Written           93,440                 3.0171
Short CFD        24/01/2005       Written           3,000                  2.9750
Short CFD        24/01/2005       Written           52,974                 2.9626
Short CFD        25/01/2005       Written           81,158                 2.9698
Short CFD        25/01/2005       Written           71,237                 2.9694
Short CFD        26/01/2005       Written           41,400                 3.0430
Short CFD        26/01/2005       Written           50,000                 3.0447
Short CFD        27/01/2005       Written           192,174                3.0406
Short CFD        28/01/2005       Written           77,321                 3.0493
Short CFD        28/01/2005       Written           5,873                  3.0289
Short CFD        31/01/2005       Written           54,203                 3.0735
Short CFD        31/01/2005       Written           3,491                  3.0703
Short CFD        01/02/2005       Written           4,199                  3.0805
Short CFD        01/02/2005       Written           33,644                 3.0871
Short CFD        02/02/2005       Written           329                    3.1275
Short CFD        02/02/2005       Written           9,271                  3.1261
Short CFD        04/02/2005       Written           5,900                  3.0972
Short CFD        07/02/2005       Written           25,000                 3.1237
Short CFD        09/02/2005       Written           2,800                  3.0850
Short CFD        11/02/2005       Written           8,116                  3.1350
Short CFD        11/02/2005       Written           12,800                 3.1225
Short CFD        14/02/2005       Written           8,035                  3.1145
Short CFD        14/02/2005       Written           8,181                  3.1075
Short CFD        15/02/2005       Written           11,300                 3.1100
Short CFD        17/02/2005       Written           13,888                 3.0904
Short CFD        21/02/2005       Written           1,624                  3.0750
Short CFD        25/02/2005       Written           7,300                  3.1103
Short CFD        25/02/2005       Written           3,900                  3.1100
Short CFD        08/03/2005       Written           15,300                 3.1200
Short CFD        08/03/2005       Written           20,562                 3.0529
Short CFD        09/03/2005       Written           14,902                 3.0129
Short CFD        09/03/2005       Written           1,808                  3.0125
Short CFD        11/03/2005       Written           28,577                 3.0199
Short CFD        11/03/2005       Written           5,100                  3.0100
Short CFD        15/03/2005       Written           5,000                  2.9750
Short CFD        15/03/2005       Written           6,053                  2.9843
Short CFD        16/03/2005       Written           10,843                 3.0025
Short CFD        17/03/2005       Written           11,047                 3.0025
Short CFD        22/03/2005       Written           5,924                  2.9992
Short CFD        22/03/2005       Written           16,600                 2.9925
Short CFD        22/03/2005       Written           9,729                  3.0175
Short CFD        24/03/2005       Written           77,260                 2.9573
Short CFD        24/03/2005       Written           31,850                 2.9545
Short CFD        29/03/2005       Written           50,475                 2.8807
Short CFD        29/03/2005       Written           19,325                 2.8960
Short CFD        29/03/2005       Written           76,353                 2.9055
Short CFD        30/03/2005       Written           47,791                 2.8806
Short CFD        01/04/2005       Written           1,200                  2.8925
Short CFD        01/04/2005       Written           12,100                 2.9025
Short CFD        05/04/2005       Written           34,658                 2.8520
Short CFD        05/04/2005       Written           21,276                 2.8416
Short CFD        06/04/2005       Written           51,216                 2.8464
Short CFD        06/04/2005       Written           39,605                 2.8456
Short CFD        07/04/2005       Written           3,700                  2.8800
Short CFD        07/04/2005       Written           25,000                 2.8983
Short CFD        08/04/2005       Written           75,514                 2.8857
Short CFD        11/04/2005       Written           18,827                 2.8716
Short CFD        12/04/2005       Written           6,315                  2.8682
Short CFD        13/04/2005       Written           9,300                  2.8865
Short CFD        14/04/2005       Written           5,876                  2.8494
Short CFD        15/04/2005       Written           53,770                 2.7833
Short CFD        19/04/2005       Written           217,397                2.8038
Short CFD        19/04/2005       Written           29,398                 2.8005
Short CFD        19/04/2005       Written           15,500                 2.8014
Short CFD        21/04/2005       Written           76,624                 2.7920
Short CFD        27/04/2005       Written           83,405                 2.7114
Short CFD        27/04/2005       Written           6,100                  2.7241
Short CFD        27/04/2005       Written           43,472                 2.6924
Short CFD        29/04/2005       Written           32,100                 2.6945
Short CFD        03/05/2005       Written           116,047                2.6696
Short CFD        03/05/2005       Written           40,833                 2.6599
Short CFD        03/05/2005       Written           21,697                 2.6548
Short CFD        04/05/2005       Written           36,617                 2.6568
Short CFD        05/05/2005       Written           16,913                 2.6619
Short CFD        05/05/2005       Written           72,353                 2.6658
Short CFD        06/05/2005       Written           134,788                2.6656
Short CFD        09/05/2005       Written           66,865                 2.6718
Short CFD        10/05/2005       Written           163,871                2.8007
Short CFD        10/05/2005       Written           20,000                 2.8213
Short CFD        11/05/2005       Written           110,610                2.8026
Short CFD        12/05/2005       Written           68,456                 2.7953
Short CFD        13/05/2005       Written           3,200                  2.7875
Short CFD        16/05/2005       Written           4,900                  2.7900
Short CFD        18/05/2005       Written           3,300                  2.8150
Short CFD        19/05/2005       Written           7,810                  3.1170
Short CFD        19/05/2005       Written           24,300                 3.0848
Short CFD        20/05/2005       Written           8,094                  3.1925
Short CFD        23/05/2005       Written           5,600                  3.1600
Short CFD        24/05/2005       Written           2,188                  3.0650
Short CFD        24/05/2005       Written           28,194                 3.1120
Short CFD        25/05/2005       Written           3,226                  3.1194
Short CFD        25/05/2005       Written           96,425                 3.1231
Short CFD        25/05/2005       Written           161,273                3.1231
Short CFD        26/05/2005       Written           28,540                 3.1475
Short CFD        07/06/2005       Written           64,200                 3.2757
Short CFD        13/06/2005       Written           16,700                 3.4075
Short CFD        15/06/2005       Written           83,208                 3.2860
Short CFD        16/06/2005       Written           45,437                 3.2950
Short CFD        17/06/2005       Written           80,733                 3.2690
Short CFD        20/06/2005       Written           7,000                  3.2575
Short CFD        21/06/2005       Written           6,700                  3.2813
Short CFD        21/06/2005       Written           4,000                  3.2825
Short CFD        22/06/2005       Written           28,796                 3.2387
Short CFD        22/06/2005       Written           15,991                 3.2385
Short CFD        23/06/2005       Written           11,700                 3.2344
Short CFD        23/06/2005       Written           4,242                  3.2785
Short CFD        24/06/2005       Written           2,963                  3.2173
Short CFD        27/06/2005       Written           944                    3.1928
Short CFD        28/06/2005       Written           1,663                  3.2051
Short CFD        30/06/2005       Written           143,337                3.1534
Short CFD        30/06/2005       Written           18,680                 3.1482
Short CFD        01/07/2005       Written           202,211                3.1018
Short CFD        05/07/2005       Written           10,000                 3.1091
Short CFD        06/07/2005       Written           27,700                 3.1319
Short CFD        06/07/2005       Written           10,000                 3.1366
Short CFD        07/07/2005       Written           10,425                 3.0464
Short CFD        07/07/2005       Written           27,700                 3.0543
Short CFD        08/07/2005       Written           16,800                 3.1525
Short CFD        12/07/2005       Written           2,400                  3.1325
Short CFD        13/07/2005       Written           4,200                  3.1774
Short CFD        15/07/2005       Written           40,980                 3.1374
Short CFD        19/07/2005       Written           17,000                 3.0825
Short CFD        20/07/2005       Written           41,127                 3.1769
Short CFD        20/07/2005       Written           2,811                  3.2075
Short CFD        21/07/2005       Written           16,500                 3.2042
Short CFD        22/07/2005       Written           49,145                 3.1985
Short CFD        22/07/2005       Written           986                    3.2203
Short CFD        25/07/2005       Written           40,539                 3.1904
Short CFD        25/07/2005       Written           3,085                  3.1867
Short CFD        26/07/2005       Written           55,600                 3.2027
Short CFD        27/07/2005       Written           39,500                 3.1880
Short CFD        28/07/2005       Written           13,200                 3.1916
Short CFD        29/07/2005       Written           19,990                 3.1569
Short CFD        29/07/2005       Written           25,000                 3.1850
Short CFD        01/08/2005       Written           4,084                  3.1730
Short CFD        01/08/2005       Written           16,300                 3.1650
Short CFD        02/08/2005       Written           3,178                  3.1608
Short CFD        02/08/2005       Written           6,500                  3.1725
Short CFD        03/08/2005       Written           18,045                 3.1797
Short CFD        04/08/2005       Written           22,716                 3.2098
Short CFD        04/08/2005       Written           8,686                  3.2261
Short CFD        05/08/2005       Written           5,851                  3.2348
Short CFD        05/08/2005       Written           6,400                  3.2600
Short CFD        08/08/2005       Written           3,931                  3.2546
Short CFD        09/08/2005       Written           6,389                  3.2379
Short CFD        10/08/2005       Written           4,806                  3.2647
Short CFD        10/08/2005       Written           23,500                 3.2649
Short CFD        11/08/2005       Written           6,150                  3.2528
Short CFD        12/08/2005       Written           12,900                 3.3100
Short CFD        16/08/2005       Written           923                    3.3328
Short CFD        18/08/2005       Written           6,923                  3.2255
Short CFD        19/08/2005       Written           10,300                 3.2075
Short CFD        19/08/2005       Written           4,964                  3.2126
Short CFD        25/08/2005       Written           55,000                 3.1759
Short CFD        26/08/2005       Written           22,600                 3.1867
Short CFD        30/08/2005       Written           10,085                 3.1726
Short CFD        31/08/2005       Written           32,300                 3.1591
Short CFD        31/08/2005       Written           17,874                 3.1623
Short CFD        01/09/2005       Written           10,100                 3.2024
Short CFD        02/09/2005       Written           11,400                 3.1750
Short CFD        05/09/2005       Written           10,500                 3.2091
Short CFD        06/09/2005       Written           17,989                 3.2590
Short CFD        06/09/2005       Written           4,879                  3.2616
Short CFD        07/09/2005       Written           21,100                 3.2825
Short CFD        09/09/2005       Written           1,500                  3.3275
Short CFD        14/09/2005       Written           8,200                  3.3450
Short CFD        15/09/2005       Written           6,200                  3.3450
Short CFD        15/09/2005       Written           4,338                  3.3180
Short CFD        16/09/2005       Written           7,607                  3.3160
Short CFD        19/09/2005       Written           1,900                  3.3400
Short CFD        20/09/2005       Written           9,400                  3.3364
Short CFD        21/09/2005       Written           22,563                 3.2972
Short CFD        23/09/2005       Written           13,500                 3.2500
Short CFD        26/09/2005       Written           6,400                  3.2350
Short CFD        27/09/2005       Written           20,730                 3.2395
Short CFD        27/09/2005       Written           8,000                  3.2425
Short CFD        28/09/2005       Written           79,027                 3.2593
Short CFD        28/09/2005       Written           1,900                  3.2625
Short CFD        29/09/2005       Written           8,400                  3.3018
Short CFD        03/10/2005       Written           17,000                 3.3417
Short CFD        04/10/2005       Written           58,500                 3.3499
Short CFD        06/10/2005       Written           15,200                 3.2598
Short CFD        07/10/2005       Written           4,400                  3.2250
Short CFD        10/10/2005       Written           25,016                 3.2437
Short CFD        11/10/2005       Written           26,400                 3.2358
Short CFD        11/10/2005       Written           3,962                  3.2085
Short CFD        12/10/2005       Written           92,298                 3.1765
Short CFD        12/10/2005       Written           502                    3.2025
Short CFD        13/10/2005       Written           15,600                 3.0767
Short CFD        13/10/2005       Written           129,100                3.0614
Short CFD        13/10/2005       Written           3,221                  3.0667
Short CFD        14/10/2005       Written           114,962                3.0558
Short CFD        14/10/2005       Written           49,040                 3.0406
Short CFD        14/10/2005       Written           4,400                  3.0574
Short CFD        17/10/2005       Written           44,942                 3.0991
Short CFD        18/10/2005       Written           41,492                 3.1006
Short CFD        19/10/2005       Written           47,900                 2.9923
Short CFD        19/10/2005       Written           159,020                2.9923
Short CFD        19/10/2005       Written           9,200                  2.9613
Short CFD        21/10/2005       Written           3,500                  3.0525
Short CFD        24/10/2005       Written           26,855                 3.0925
Short CFD        25/10/2005       Written           2,800                  3.0775
Short CFD        25/10/2005       Written           3,200                  3.0279
Short CFD        26/10/2005       Written           36,830                 3.0525
Short CFD        26/10/2005       Written           15,800                 3.0450
Short CFD        26/10/2005       Written           11,681                 3.0525
Short CFD        27/10/2005       Written           6,000                  3.0375
Short CFD        28/10/2005       Written           32,010                 3.0708
Short CFD        28/10/2005       Written           22,587                 3.0318
Short CFD        28/10/2005       Written           3,513                  3.0300
Long CFD         31/10/2005       Written           83,782                 4.1436
Long CFD         31/10/2005       Written           14,800                 4.1670
Short CFD        31/10/2005       Written           516,110                4.1479
Short CFD        31/10/2005       Written           1,046,675              4.1512
Short CFD        31/10/2005       Written           418,814                4.1476
Short CFD        31/10/2005       Written           85,600                 4.1610
Long CFD         01/11/2005       Written           138,963                4.1005
Long CFD         01/11/2005       Written           2,300                  4.1250
Short CFD        01/11/2005       Written           23,432                 4.0938
Short CFD        01/11/2005       Written           21,163                 4.1539
Long CFD         02/11/2005       Written           89,080                 4.3742
Long CFD         02/11/2005       Written           900                    4.2125
Short CFD        02/11/2005       Written           13,122                 4.3246
Short CFD        02/11/2005       Written           19,700                 4.3280
Long CFD         03/11/2005       Written           303,823                4.4255
Short CFD        03/11/2005       Written           10,800                 4.4443
Short CFD        03/11/2005       Written           4,895                  4.4274