Rule 8.1- Celtic Resources

29 Nov 2007 10:50

Morgan Stanley Securities Limited29 November 2007 FORM 8.1 DISCLOSURE UNDER RULE 8.1(a), 8.1(b)(i) and 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2001 1. KEY INFORMATION Name of person dealing (Note 1) Morgan Stanley Securities Limited Company dealt in Celtic Resources Holdings Plc Class of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 2) Date of dealing 28 November 2007 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class ofrelevant security dealt in (Note 3) Long Short Number Number (%) (%) (1) Relevant securities 0 (0.00%) 15,550 (0.00%) (2) Derivatives (other than options) 0 N/A 0 N/A (3) Options and agreements to purchase/sell 0 N/A 0 N/A Total 0 (0.00%) 15,550 (0.00%) (b) Interests and short positions in relevant securities of the company,other than the class dealt in (Note 3) Class of relevant security: Long Short Number Number (%) (%) (1) Relevant securities 0 N/A 0 N/A (2) Derivatives (other than options) 0 N/A 0 N/A (3) Options and agreements to purchase/sell 0 N/A 0 N/A Total 0 N/A 0 N/A (c) Rights to subscribe (Note 3) Class of relevant security: Details N/A N/A 3. DEALINGS (Note 4) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) GBP SALE 129,038 2.8500 *Please note: Trade approved by Irish Takeover Panel, as a result noconsequences of Rule 4.2 of the Irish TakeoverCode (b) Derivatives transactions (other than options) Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5) GBPe.g. CFD CFD LONG 18,065 2.8500CFD LONG 110,973 2.8500 (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 7) price European etc. date paid/received per unit (Note 5) N/A N/A N/A N/A N/A N/A N/A (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5)N/A N/A N/A (d) Other dealings (including new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) N/A N/A N/A 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 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 Is a Supplemental Form 8 attached? (Note 9) YES Date of disclosure 29 November 2007 Contact name Darren Adam Telephone number 020 7677 2471 Name of offeree/offeror with which associated Severstal Resurs ZAO Specify category and nature of associate status (Note 10) Advisor This information is provided by RNS The company news service from the London Stock Exchange