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SAR - Low & Bonar PLC

5th Apr 2005 16:45

AFL Fjarfestingarfelag HF5 April 2005 FORM SAR 3 Date of disclosure...5 APRIL 2005..... DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs") Date of acquisition.....5 APRIL 2005.................................. Acquisition in.........LOW AND BONAR 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 ..50P ORDINARY SHARES.. ..300000.....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) 20,232,500..(20.28%) ...............( %) 20.28.....( %) (3) Party making disclosure.......AFL FJARFESTINGARFELAG HF.............. (4) (a) Name of person acquiring shares or rights over shares ............ and, if different, beneficial owner......AFL FJARFESTINGARFELAG HF.... (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)......STYRMIR THOR BRAGASON MANAGING DIRECTOR.... Telephone and extension number....00-354 540 6200.................. 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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