Rule 8.3 - KENSINGTON GROUP

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              KENSINGTON GROUP
Class of relevant security    ORD GBP0.10
to which the dealings being
disclosed relate (Note 2)
Date of dealing               02 April 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       1,745,576    3.32%        183,663     0.35%
securities
(2) Derivatives      176,489    0.34%        340,048     0.65%
(other than
options)
(3) Options and            0    0.00%              0     0.00%
agreements to
purchase/sell

Total              1,922,065    3.65%        523,711     1.00%


(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            9,401               6.6230
Purchase            2,255               6.6057
Purchase              483               6.6313
Purchase            4,900               6.5992
Purchase              493               6.6199
Purchase            1,500               6.6047
Sale               10,894               6.6445
Sale                2,466               6.6787
Sale                  248               6.5837
Sale                3,600               6.6107
Sale                1,473               6.5892
Sale                1,473               6.5892
Sale                3,273               6.5792
Sale                  338               6.6255
Sale                  887               6.5950
Sale                4,500               6.6493

(b)  Derivatives transactions (other than options)
Product name    Long/Short       Number of      Price per unit
                                 Securities
CFD               Short            4900            6.5991
CFD               Short            1500            6.6046
CFD               Short            2255            6.6057
CFD               Short             493            6.6198
CFD               Short            9401            6.6229
CFD               Short             483            6.6313
CFD               Long             3273            6.5792
CFD               Long              248            6.5836
CFD               Long              887            6.595
CFD               Long             8060            6.6035
CFD               Long             3600            6.6106
CFD               Long              338            6.6254
CFD               Long            10894            6.6444
CFD               Long             4500            6.6492
CFD               Long             2466            6.6786

(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                         03 April 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