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E Wood Holdings PLC (EWD)

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Thursday 22 March, 2007

E Wood Holdings PLC

Rule 2.10 Announcement

E Wood Holdings PLC
22 March 2007

                              E Wood Holdings Plc
                          ('E Wood' or the 'Company')
                             Rule 2.10 Announcement

Relevant Securities in Issue

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, E Wood
confirms that it currently has 11,937,915 ordinary 5p shares in issue (ISIN -

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code, if any person is, or
becomes, 'interested' (directly or indirectly) in 1 per cent. or more of any
class of 'relevant securities' of E Wood, all 'dealings' in any 'relevant
securities' of that company (including by means of an option in respect of, or a
derivative referenced to, any such 'relevant securities') must be publicly
disclosed by no later than 3.30pm (London time) on the London business day
following the date of the relevant transaction. This requirement will continue
until the date on which any offer becomes, or is declared, unconditional as to
acceptances, lapses or is otherwise withdrawn or on which the 'offer period'
otherwise ends. If two or more persons act together pursuant to an agreement or
understanding, whether formal or informal, to acquire an 'interest' in 'relevant
securities' of E Wood, they will be deemed to be a single person for the purpose
of Rule 8.3.

Under the provisions of Rule 8.1 of the Takeover Code, all 'dealings' in
'relevant securities' of E Wood by E Wood or any of its 'associates' must be
disclosed by no later than 12.00 noon (London time) on the London business day
following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at

'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Takeover Code, which can also be
found on the Panel's website. If you are in any doubt as to whether or not you
are required to disclose a 'dealing' under Rule 8, you should consult the
Takeover Panel.

Contact details:

E Wood Holdings Plc                                     
James Leek                                                        07966 528 295                                  
Richard Mackness                                                  01609 761 980

Altium Capital Limited                                            0161 831 9133
Joe Smith/Phil Adams/Adrian Reed

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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