Form 8.5 (EPT/RI) - Melrose plc

FORM 8.5 (EPT/RI)

    PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED
            INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
                   Rule 8.5 of the Takeover Code (the "Code")

1.KEY INFORMATION

+------------------------------------------+-----------------------------------+
|(a) Name of exempt principal trader:      |                                   |
|                                          |Investec Bank Plc                  |
+------------------------------------------+-----------------------------------+
|(b) Name of offeror/offeree in relation to|                                   |
|whose relevant securities this form       |Melrose Plc                        |
|relates:                                  |                                   |
| Use a separate form for each             |                                   |
|offeror/offeree                           |                                   |
+------------------------------------------+-----------------------------------+
|(c)        Name of the party to the offer |                                   |
|with which exempt principal trader is     |Connected Advisor & Broker to      |
|connected:                                |Melrose Plc                        |
|                                          |                                   |
+------------------------------------------+-----------------------------------+
|(d)        Date dealing undertaken:       |                                   |
|                                          |01 September 2011                  |
+------------------------------------------+-----------------------------------+
|(e)        Has the EPT previously         |                                   |
|disclosed, or is it today disclosing,     |YES                                |
|under the Code in respect of any other    |                                   |
|party to this offer?                      |                                   |
+------------------------------------------+-----------------------------------+

2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

(a)Purchases and sales

+------------+--------------+--------------+-----------------+-----------------+
|  Class of  |  Purchases/  | Total number |Highest price per|Lowest price per |
|  relevant  |    sales     |of securities |      unit       |      unit       |
|  security  |              |              |  paid/received  |  paid/received  |
+------------+--------------+--------------+-----------------+-----------------+
|Ordinary    |              |              |                 |                 |
|Shares      |Purchases     |2,583,275     |300p             |295.5p           |
|            |              |              |                 |                 |
+------------+--------------+--------------+-----------------+-----------------+
|Ordinary    |              |              |                 |                 |
|Shares      |Sales         |2,515,875     |300p             |295.5p           |
|            |              |              |                 |                 |
+------------+--------------+--------------+-----------------+-----------------+

(b)Derivatives transactions (other than options)

+-------------+---------------+-----------------------+--------------+---------+
|  Class of   |    Product    |   Nature of dealing   |  Number of   |Price per|
|  relevant   |  description  |e.g. opening/closing a |  reference   |  unit   |
|  security   |   e.g. CFD    | long/short position,  |  securities  |         |
|             |               | increasing/reducing a |              |         |
|             |               |  long/short position  |              |         |
+-------------+---------------+-----------------------+--------------+---------+
|             |               |                       |              |         |
|             |               |                       |              |         |
+-------------+---------------+-----------------------+--------------+---------+

(c)Options transactions in respect of existing securities

(i)Writing, selling, purchasing or varying

+--------+-----------+-----------+----------+--------+---------+------+--------+
|Class of|  Product  | Writing,  |Number of |Exercise|  Type   |Expiry| Option |
|relevant|description|purchasing,|securities| price  |  e.g.   | date | money  |
|security| e.g. call | selling,  | to which |per unit|American,|      | paid/  |
|        |  option   |  varying  |  option  |        |European |      |received|
|        |           |   etc.    | relates  |        |  etc.   |      |per unit|
+--------+-----------+-----------+----------+--------+---------+------+--------+
|        |           |           |          |        |         |      |        |
+--------+-----------+-----------+----------+--------+---------+------+--------+

(ii)Exercising

+------------------+-------------------+--------------------+------------------+
|Class of relevant |Product description|Number of securities|Exercise price per|
|     security     | e.g. call option  |                    |       unit       |
+------------------+-------------------+--------------------+------------------+
|                  |                   |                    |                  |
|                  |                   |                    |                  |
+------------------+-------------------+--------------------+------------------+

(d)        Other dealings (including subscribing for new securities)

+--------------------+-------------------------+-------+-----------------------+
| Class of relevant  |    Nature of dealing    |Details|  Price per unit (if   |
|      security      |   e.g. subscription,    |       |      applicable)      |
|                    |       conversion        |       |                       |
+--------------------+-------------------------+-------+-----------------------+
|                    |                         |       |                       |
|                    |                         |       |                       |
+--------------------+-------------------------+-------+-----------------------+

The currency of all prices and other monetary amounts should be stated.

Where  there have been dealings in more than one class of relevant securities of
the  offeror or  offeree named  in 1(b), copy  table 2(a), (b),  (c) or  (d) (as
appropriate) for each additional class of relevant security dealt in.

3.        OTHER INFORMATION

(a)Indemnity and other dealing arrangements

+------------------------------------------------------------------------------+
|Details of any indemnity or option arrangement, or any agreement or           |
|understanding, formal or informal, relating to relevant securities which may  |
|be an inducement to deal or refrain from dealing entered into by the exempt   |
|principal trader making the disclosure and any party to the offer or any      |
|person acting in concert with a party to the offer:                           |
|If there are no such agreements, arrangements or understandings, state "none" |
+------------------------------------------------------------------------------+
|                                                                              |
|                                                                              |
|                                                                              |
+------------------------------------------------------------------------------+

(b)        Agreements, arrangements or understandings relating to options or
derivatives

+------------------------------------------------------------------------------+
|Details of any agreement, arrangement or understanding, formal or informal,   |
|between the exempt principal trader making the disclosure and any other person|
|relating to:                                                                  |
|(i)        the voting rights of any relevant securities under any option; or  |
|(ii)        the voting rights or future acquisition or disposal of any        |
|relevant securities to which any derivative is referenced:                    |
|If there are no such agreements, arrangements or understandings, state "none" |
+------------------------------------------------------------------------------+
|                                                                              |
|                                                                              |
+------------------------------------------------------------------------------+


+---------------------+-------------------+
| Date of disclosure: | 02 September 2011 |
+---------------------+-------------------+
| Contact name:       | Gary Darch        |
+---------------------+-------------------+
| Telephone number:   | 020 7597 4549     |
+---------------------+-------------------+

Public  disclosures  under  Rule  8 of  the  Code  must  be made to a Regulatory
Information   Service   and   must   also  be  emailed  to  the  Takeover  Panel
[e-mail].    The   Panel's  Market  Surveillance  Unit  is
available  for  consultation  in  relation  to  the  Code's  dealing  disclosure
requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.






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Source: Investec Bank plc via Thomson Reuters ONE

[HUG#1543689]