10th May 2006 12:03
FORM 38.5 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS (Rule 38.5 of the City Code on Takeovers and Mergers) 1. KEY INFORMATIONName of exempt principal trader Dresdner Kleinwort Wasserstein Securities Limited Company dealt in BAE Systems Plc Class of relevant security to Ordinary Shares which the dealings being disclosed relate (Note 1) Date of dealing 9 May 2006 2. DEALINGS (Note 2)(a) Purchases and salesTotal number of securities Highest price paid (Note Lowest price paid (Note 3)purchased 3) 100,349 ‚£4.2650 ‚£4.2150 Total number of securities Highest price received Lowest price received sold (Note 3) (Note 3) 120,359 ‚£4.2693 ‚£4.2343 (b) Derivatives transactions (other than options)Product name, Long/short (Note Number of securities Price per unit (Note 4) (Note 5) 3) e.g. CFD CFD Short 20,000 ‚£4.2400 (c) Options transactions in respect of existing securities(i) Writing, selling, purchasing or varyingProduct name Writing, Number of Exercise Type, e.g. Expiry Option , selling, securities to American, money purchasing, which the price European Date e.g. call varying option relates etc. paid/ option etc. (Note 5) received per unit (Note 3) Call option Selling 10,000,000 ¢â€š¬6.2618 European 06/06/ ¢â€š¬0.1000 2006 Put option Purchasing 10,000,000 ¢â€š¬6.2618 European 06/06/ ¢â€š¬0.1000 2006 (ii) ExercisingProduct name, e.g. call Number of securities Exercise price per unit option (Note 3) Call option 10,000,000 ¢â€š¬6.1057 Put option 10,000,000 ¢â€š¬6.1057 3. OTHER INFORMATIONAgreements, arrangements or understandings relating to options or derivativesFull 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. None Date of disclosure 10 May 2006 Contact name Monica Lam Telephone number 020 7475 5827 Name of offeror with which connected VT Group Plc Nature of connection (Note 6) (3) Financial Adviser Notes The Notes on Form 38.5 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.ukEND DRESDNER KLEINWORT WASSERSTEIN SECURITIES LTDRelated Shares:
BAE Systems