17th Mar 2005 11:40
FORM 38.5 (SUMMARY)Use a separate form for each class of securities in which dealings have beenmade.CONNECTED EXEMPT MARKET-MAKERS:DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERSName of EMM: Dresdner Kleinwort Wasserstein Securities LimitedDate of disclosure: 17 March 2005Contact name: Monica LamTelephone number: 020 7475 5827Please see attached disclosure of dealings under Rule 38.5 in the securities ofthe following companies:Crest Nicholson plcIn the case of option business or dealings in derivatives full details shouldbe given on a separate sheet so that the nature of the dealings can be fullyunderstood. For options this include the number of securities under option, theexercise period (or in the case of exercise, the exercise date), the exerciseprice and any option money paid or received. For derivative this shouldinclude, at least, the number of reference securities to which they relate(when relevant), the maturity date (or if applicable the closing out date) andthe reference price.For full details of the disclosure requirements see Rules 8 and 38 of the Code.If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 76380129. FORM 38.5CONNECTED EXEMPT MARKET-MAKERS:DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERSDealing in: Crest Nicholson PlcClass of security: Ordinary 10p sharesDate of disclosure: 17 March 2005Date of dealing: 16 March 2005Name of EMM: Dresdner Kleinwort Wasserstein Securities LimitedName of offeree/offerorwith whom connected: Crest Nicholson PlcTotal number of securities purchased: 106,531Highest price paid (GBP): 4.4900Lowest price paid (GBP): 4.1650Total number of securities sold: 121,039Highest price received (GBP): 4.4400Lowest price received (GBP): 4.2500 ENDDRESDNER KLEINWORT WASSERSTEIN SECURITIES LTDRelated Shares:
Crest Nicholson