JNY.L Regulatory News (JNY)

18 Apr 2006 11:42

Numis Securities Limited18 April 2006 FORM 38.5 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS (Rule 38.5 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION Name of exempt principal trader Numis Securities LimitedCompany dealt in Watermark Group PlcClass of relevant security to which the Ordinary shares 1pdealings being disclosed relate (Note 1) Date of dealing 13 April 2006 2. DEALINGS (Note 2) (a) Purchases and sales Total number of securities purchased Highest price paid (Note 3) Lowest price paid (Note 3) 14,020 122.061 Pence 121.061 Pence Total number of securities sold Highest price received (Note 3) Lowest price received (Note 3) 100,000 122 Pence 122 Pence (b) Derivatives transactions (other than options) Product name, Long/short (Note 4) Number of securities (Note 5) Price per unit (Note 3) e.g. CFD Nil Nil Nil Nil (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money purchasing, to which the option American,e.g. call option varying etc. relates (Note 5) price European etc. date paid/received per unit (Note 3) Nil Nil Nil Nil (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 3) Nil Nil Nil 3. 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 relatingto the voting rights of any relevant securities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form isreferenced. If none, this should be stated. N/A Date of disclosure 18 April 2006 Contact name Henry Jenkins Telephone number 0207 776 1584 Name of offeree/offeror with which connected Watermark Group PlcNature of connection (Note 6) Broker to the Offeree Notes The Notes on Form 38.5 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 Exchange