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               16 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       21,316,852    3.11%        524,254      0.08%
securities
(2) Derivatives      525,916     0.08%        381,894      0.06%
(other than
options)
(3) Options and             0    0.00%              0      0.00%
agreements to
purchase/sell
Total              21,842,768    3.19%        906,148      0.13%


(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           21,439            6.4112
Purchase            1,664            6.4450
Purchase               64            6.4450
Purchase            4,531            6.3885
Purchase              106            6.4700
Purchase            4,284            6.5031
Purchase            2,352            6.4450
Purchase            3,592            6.3843
Purchase           12,133            6.4475
Purchase          101,500            6.4316
Purchase            6,213            6.4450
Purchase           27,325            6.4463
Purchase            2,120            6.4450
Purchase           23,109            6.3856
Purchase           25,511            6.4450
Sale               15,342            6.3760
Sale                  908            6.4641
Sale               25,900            6.4305
Sale                  742            6.4450
Sale                  867            6.4800
Sale                  376            6.4450
Sale               11,096            6.4887
Sale                  212            6.4450
Sale                  299            6.4800
Sale                3,592            6.4837
Sale                    4            6.4425
Sale                  846            Transfer
Sale               34,581            6.4739
Sale               10,225            6.4800

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD             Short           3592        6.3843
CFD             Short          23109        6.3856
CFD             Short           4531        6.3885
CFD             Short          21439        6.4112
CFD             Short           7571        6.4231
CFD             Short         101500        6.4316
CFD             Short          27325        6.4462
CFD             Short          12133        6.4475
CFD             Long           25900        6.4305
CFD             Long               4        6.4425
CFD             Long             908        6.464
CFD             Long           34581        6.4738
CFD             Long            3592        6.4837
CFD             Long           11096        6.4887

(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                         19 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