Rule 8.3 Irish Continental

21 Mar 2007 12:24

J & E Davy21 March 2007 FORM 8.1/8.3 IRISH TAKEOVER PANEL Lodge with the Irish Stock Exchange (Company Announcements Office) (which will publicise) and the Panel. Use separate form for each class of securities in which dealings have been made. Date of Disclosure: 21 March 2007 DISCLOSURE UNDER RULE 8.1(a), 8.1(b)(I) and 8.3 OF THE IRISH TAKEOVER PANEL ACT 1997, (TAKEOVER) RULES, 1997 Date of Dealing: 20 March 2007 Dealing in Irish Continental Group plc (1) Class of Securities (e.g. ordinary shares) Units (Comprising Redeemable Shares) (2) Amount bought Amount sold Price per unit • 290,000 - 20.00 20,000 - 20.00 (3) Resultant total of the same class owned or controlled (and percentage of class) 310,000 Units, representing 1.32% of the existing issued share capital of IrishContinental Group plc (4) Party making disclosure J&E Davy (5) EITHER (a) Name of purchaser DoyleGroup Limited OR (b) If dealing for discretionary client(s), name of fund management Organisation (6) Reason for disclosure (a) (I) (II) (b) Rule 8.3 (i.e. disclosure because of ownership or control of 1% or more of the class of relevant securities dealt in) Signed, for and on behalf of the party named in (4) above _____________________ (Also print name of signatory) Paula Downey Telephone and extension number +353 1 679 77 88 Page 3 of 4 FORM 8.1/8.3 continued DEFINITION OF ASSOCIATE A person is deemed by Rule 2.2 in Part A of the Rules to be an 'associate' of an offeror or an offeree (as the case may be) if that person: (a) is the holding company, a subsidiary or a subsidiary of the holding company, of the offeror or the offeree; (b) is an associated company of the offeror, of the offeree or of an associate of the offeror or of the offeree described in (a) (for this purpose ownership or control of 20% or more of the equity share capital of a company is regarded as the test of associated company status); (c) is a company of which the offeror, the offeree or an associate of the offeror or the offeree described in (a) or (b) is an associated company; (d) is a bank or a financial or other professional adviser (including a stockbroker) which is acting in relation to the offer or possible offer concerned for the offeror or offeree or for an associate of the offeror or offeree described in (a), (b) or (c) (not being a bank which is engaged only in the provision to the offeror, the offeree or such associate, as the case may be, of normal commercial banking services or in such activities in connection with the offer as confirming that cash is available, handling acceptances and other registration work), provided that, in case of an adviser which is a partnership, only those partners and professional staff who are actively engaged in relation to the offer or who are customarily engaged in the affairs of the relevant client or who have been engaged in those affairs within the period of two years prior to the commencement of the relative offer period shall be deemed to be associates of the offeror or the offeree (as the case may be); (e) is a person controlling, controlled by, or under the same control as*, an associate of the offeror or offeree described in (d); (f) Is (i) a director of the offeror, the offeree or any associate of the offeror or the offeree described in (a), (b) or (c); (ii) the spouse, parent, brother, sister or child of such a director; (iii) the trustee of a trust (including a discretionary trust) of which such a director or any spouse, parent, brother, sister or child of such a director is a beneficiary or potential beneficiary; or (iv) a company controlled by one or more respect of the relevant investment accounts; (i) owns or controls, or together with one or more other persons acting in concert with him or her owns or controls, 5% or more of any class of relevant securities (as described in paragraphs (a) to (d) in Rule 8.9) of the offeroi FORM 8.1/8.3 IRISH TAKEOVER PANEL Lodge with the Irish Stock Exchange (Company Announcements Office) (which willpublicise) and the Panel. Use separate form for each class of securities inwhich dealings have been made. This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange