2nd Jun 2005 12:22
Morgan Stanley Securities Ld(EPT)02 June 2005 FORM 38.5 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS (Rule 38.5 of The City Code on Takeovers and Mergers) Name of exempt principal trader Morgan Stanley Securities Ltd Company dealt in Pillar Property Plc Relevant security dealt in Ordinary Shares Name of offeree/offeror with whom connected British Land Co Plc Nature of connection # Advisors Date of dealing 1 June 2005 Total number of securities bought 1,000 Highest price paid (currency must be stated) 8.40 (GBP) Lowest price paid (currency must be stated) 8.40 (GBP) Total number of securities sold 0 Highest price paid (currency must be stated) Lowest price paid (currency must be stated) 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 Morgan Stanley Securities Ltd Company dealt in Pillar Property Plc Description of all derivative products disclosed on CFDsthis form Relevant security to which the derivative is referenced Pillar Property Plc Ordinary Shares Name of offeree/offeror with whom connected British Land Co Plc Nature of connection # Advisor Full details of any agreement, arrangement or Noneunderstanding between the person disclosing and anyother person relating to the voting rights or futureacquisition or disposal of any relevant securities towhich any derivative referred to on this form isreferenced. If none, this should be stated. Date of dealing 1 June 2005 WRITING/ENTERING INTO A DERIVATIVE Product name Transaction Writing/entering into Number of securities to Reference Maturity date date (indicate as which the derivative is price (GBP)eg long CFD applicable) referencedLONG CFD 01.06.2005 WRITING 1,000 8.41 02.04.2007 Date of disclosure 2 June 2005 Contact name David Edwards Telephone number 020 7677 1865 # 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 atwww.thetakeoverpanel.org.uk. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land