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SAR 3 - Milestone Group PLC

13th May 2005 11:49

Landfinance Limited13 May 2005 FORM SAR 3 Date of disclosure......... 13.05.2005 DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs") Date of acquisition............ 13.05.2005 ........................ Acquisition in......... MILESTONE GROUP PLC .........(name of company) (1) Class of voting shares Number of shares/rights If rights over shares (eg ordinary shares) over shares acquired acquired, as opposed to the shares themselves, specify nature of rights ... ORDINARY ... ... 50,000 ..shares ..................... ...N/A..........rights (2) Resultant total holding Resultant total holding Total percentage of voting shares (and % of rights over shares of total voting shares (and % of total voting in issue) shares in issue) 5,253,906 (19.03%) ...............( %) .............(19.03%) (3) Party making disclosure........ LANDFINANCE LTD ................. (4) (a) Name of person acquiring shares or rights over shares .... SEE 3 ... and, if different, beneficial owner............................... (b) Names of any other persons acting by agreement or understanding (see SAR 5)............................ Signed, for and on behalf of the party named in (3) above................... (Also print name of signatory)..... NICHOLAS DALE EWALD SCHERRER Telephone and extension number.....0041 58 206 7602 (CHRISTA BLICKENSTORFER) Note 1. Under SAR 5, the holdings of and acquisitions by persons acting byagreement or understanding must be aggregated and treated as a holding of oracquisition by one person. Note 3 on SAR 5 requires persons who must aggregateholdings to disclose certain disposals. Note 2: The resultant total percentage holding of voting shares and rights overshares is to be calculated by reference to the percentage held and in issueoutside treasury. For full details of the SARs disclosure requirements, see Rules 3 and 5 of theSARs. If in doubt, contact the Panel on Takeovers and Mergers, MonitoringSection, Tel. No: 020 7638 0129. E-mail: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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