Burford Capital Regulatory News (BUR)

5 Dec 2007 15:07

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code)

1. KEY INFORMATION

Name of person dealing (Note 1) Magnetar Financial (UK) LLP Company dealt in Burren Energy Plc Class of relevant security to Ordinary Shares

which the dealings being disclosed relate (Note 2) Date of dealing December 4, 2007

2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevantsecurity dealt in (Note 3) Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than 1,415,573 1.00% options) (3) Options and agreements to purchase/sell Total 1,415,573 1.00%

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options)

(3) Options and agreements to purchase/sell Total

(c) Rights to subscribe (Note 3)

Class of relevant security: Details 3. DEALINGS (Note 4)(a) Purchases and salesPurchase/sale Number of securities Price per unit (Note 5)

(b) Derivatives transactions (other than options)

Product name, Long/short (Note Number of securities Price per unit (Note e.g. CFD 6) (Note 7) 5) CFD Short 500,000 1,245.5p (GBP12.455) CFD Short 22,129 1,246p (GBP12.46) CFD Short 9,881 1,255 (GBP12.55)

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product name, Writing, Number of Exercise Type, e.g. Expiry Option e.g. call selling, securities to price American, date money option purchasing, which the European paid/ varying option etc. received etc. relates (Note per unit 7) (Note 5) (ii) ExercisingProduct name, e.g. call Number of securities Exercise price per unit option (Note 5)

(d) Other dealings (including new securities) (Note 4)

Nature of transaction Details Price per unit (if (Note 8) applicable) (Note 5) 4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full 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.

Is a Supplemental Form 8 attached? (Note 9) No

Date of disclosure 12/05/07 Contact name Cassie Peterson Telephone number 847-905-4692

If a connected EFM, name of offeree/offeror with which connected If a connected EFM, state nature of

connection (Note 10) Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk