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EMM Disclosure - CFD

18th Mar 2005 12:24

UBS AG (EMM)18 March 2005 FORM 38.5 (CFD) CONNECTED EXEMPT MARKET-MAKERS: DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS Dealing in Contract for Difference ("CFD") referenced to ................................CREST NICHOLSONPLC............................. Date of disclosure ..........................................18MARCH 2005................................................... Date of dealing ........................................ 17MARCH 2005................................................. Name of EMM .......................................UBS AG................................................................. Name of offeree / offeror with whom connected: HERON CORPORATION PRODUCT STATE DESCRIPTION QUANTITY PRICE MATURITY DATE SHORT CFD CLOSING 29,090 4.36 07/12/2005 LONG CFD WRITING 250,000 4.38 17/12/2005 This information is provided by RNS The company news service from the London Stock Exchange

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Crest Nicholson
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