Princes Group Regulatory News (PRN)

24 May 2005 12:08

Credit Suisse First Boston (Europe)24 May 2005 FORM 38.5 (DERIVATIVE) DEALINGS IN DERIVATIVES BY CONNECTED EXEMPT PRINCIPAL TRADERS (Rule 38.5 of The City Code on Takeovers and Mergers) Amendment to Closing out a Derivative Name of exempt principal trader CSFB (Europe) Limtied Company dealt in Pernod-Ricard Description of all derivative products CFD'sdisclosed on this form Relevant security to which the derivative is referenced Pernod-Ricard ordinary shares Name of offeree/offeror with whom connected Pernod-Ricard Nature of connection # Connected Party Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights or future acquisition or disposal of any relevant securities towhich any derivative referred to on this form is referenced. If none, this should be stated. None Date of dealing 20 May 2005 WRITING/ENTERING INTO A DERIVATIVE Product name Transaction Writing/entering into Number of securities to Reference price Maturity date (indicate as which the derivative is (GBP) dateeg long CFD applicable) referencedSHORT CFD 20/05/05 Writing 1,699 117.5 09/12/2009SHORT CFD 20/05/05 Writing 6,865 123.3573 09/12/2009 CLOSING OUT A DERIVATIVE Product name Transaction Number of securities to which the Reference price Closing out price date derivative is referenced (GBP) (GBP)eg long CFDSHORT CFD 20/05/05 960 123.3854SHORT CFD 20/05/05 282 123.1835SHORT CFD 20/05/05 152 123.1835SHORT CFD 20/05/05 6,732 124.2213SHORT CFD 20/05/05 5,000 124.3755SHORT CFD 20/05/05 2,796 124.3755SHORT CFD 20/05/05 2,204 124.3755 Date of disclosure 24 May 2005 Contact name Mathew Joseph Telephone number 020 7883 4865 # 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 Exchange