5th May 2005 11:51
FORM 38.5 (DERIVATIVE) DEALINGS IN DERIVATIVES BY CONNECTED EXEMPT PRINCIPAL TRADERS (Rule 38.5 of The City Code on Takeovers and Mergers) Name of exempt principal trader Dresdner Kleinwort Wasserstein Securities Limited Company dealt in Crest Nicholson Plc Description of all derivative products Contracts for Differences (CFD) disclosed on this form Relevant security to which the Crest Nicholson Plc derivative is referenced Name of offeree with whom connected Crest Nicholson Plc Nature of connection # (3) Broker and Financial Adviser Full details of any agreement, None arrangement or understanding between the person disclosing and any other person 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. Date of dealing 4 May 2005 WRITING/ENTERING INTO A DERIVATIVEProduct Transaction Writing/ Number of Reference Maturityname date entering into securities to which price date (indicate as the derivative is (currency eg long CFD applicable) referenced must be stated) Long CFD 04 May 2005 Writing into 5,000 ‚£3.6000 Open Ended CLOSING OUT A DERIVATIVEProduct name Transaction Number of securities to Reference Closing out date which the derivative is price price eg long CFD referenced (currency (currency must be must be stated) stated) Short CFD 04 May 2005 5,000 N/A ‚£3.6800 Date of disclosure 5 May 2005 Contact name Andrew Beech Telephone number 020 7475 6030 # See the definition of "connected fund managers and principal traders" in theDefinitions Section of the Code.For details of the Code's dealing disclosure requirements, see Rules 8 and 38.5and their Notes which can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk. ENDDRESDNER KLEINWORT WASSERSTEIN SECURITIES LTDRelated Shares:
Crest Nicholson