Rule 8.3 - LONDON MERCHANT SECURITIES

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              LONDON MERCHANT SECURITIES
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               24 November 2006

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      6,940,958     2.10%          100,142     0.03%
securities
(2) Derivatives      90,208     0.03%        2,311,784     0.70%
(other than
options)
(3) Options and           0     0.00%                 0    0.00%
agreements to
purchase/sell

Total             7,031,166     2.13%         2,411,926    0.73%


(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      2,000                2.8254
Purchase      3,000                2.8506
Purchase      39,880               2.8507
Purchase      3,515                2.8200
Purchase      2,093                2.8525
Sale          27,183               2.8324
Sale          13,600               2.8166
Sale          12,115               2.8300


(b)  Derivatives transactions (other than options)

Product    Long/Short    Number of Securities  Price Per
name,      (Note 6)      (Note 7)              Unit (GBP)
e.g. CFD
CFD        Short         2000                  2.8254
CFD        Short         3000                  2.8505
CFD        Short         39880                 2.8506
CFD        Short         2093                  2.8524
CFD        Long          13600                 2.8165
CFD        Long          12115                 2.8300
CFD        Long          27183                 2.8324
CFD        Long          7030                  2.8333
CFD        Long          6920                  2.8867
CFD        Long          6897                  2.8889
NB: The below transactions which were disclosed on 23/11/2006 have been cancelled
Long/Short Number of Securities Price per unit (GBP)
Long       13,794               2.8889
Long       13,840               2.8867

(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

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 November 2006
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