TIDMBRAL 
 
RNS Number : 9339R 
Cazenove 
08 May 2009 
 

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 
WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS 
BUT NOT DEALING IN A CLIENT-SERVING CAPACITY 
(Rule 38.5(b) of the Takeover Code) 
 
 
 
 
1.KEY INFORMATION 
 
 
+------------------------------------+------------------------------------------------------+ 
| Name of exempt principal trader    | Cazenove                                             | 
+------------------------------------+------------------------------------------------------+ 
| Company dealt in                   | Bramdean Alternatives Limited                        | 
+------------------------------------+------------------------------------------------------+ 
| Class of relevant security to      | No par value                                         | 
| which the dealings being disclosed |                                                      | 
| relate (Note 1)                    |                                                      | 
+------------------------------------+------------------------------------------------------+ 
| Date of dealing                    | 7th May 2009                                         | 
+------------------------------------+------------------------------------------------------+ 
 
 
 
 
2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE 
 
 
(a)    Interests and short positions (following dealing) in the class of 
relevant security dealt in (Note 2) 
 
 
+------------------------------------+--------------------------+----------------------------+ 
|                                    |          Long            |           Short            | 
+------------------------------------+--------------------------+----------------------------+ 
|                                    | Number (%)               | Number (%)                 | 
+------------------------------------+--------------------------+----------------------------+ 
| (1) Relevant securities            |                          | 4,666 0.01%                | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
| (2) Derivatives (other than        |                          |                            | 
| options)                           |                          |                            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
| (3) Options and agreements to      |                          |                            | 
| purchase/sell                      |                          |                            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
| Total                              |                          |                            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
 
 
(b)    Interests and short positions in relevant securities of the company, 
other than the class dealt in (Note 2) 
 
 
+------------------------------------+--------------------------+----------------------------+ 
| Class of relevant security:        |          Long            |           Short            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
|                                    | Number (%)               | Number (%)                 | 
+------------------------------------+--------------------------+----------------------------+ 
| (1) Relevant securities            |                          |                            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
| (2) Derivatives (other than        |                          |                            | 
| options)                           |                          |                            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
| (3) Options and agreements to      |                          |                            | 
| purchase/sell                      |                          |                            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
| Total                              |                          |                            | 
|                                    |                          |                            | 
+------------------------------------+--------------------------+----------------------------+ 
 
 
  *  Rights to subscribe (Note 2) 
 
 
 
+------------------------------------+------------------------------------------------------+ 
| Class of relevant security:        | Details                                              | 
|                                    |                                                      | 
+------------------------------------+------------------------------------------------------+ 
|                                    |                                                      | 
+------------------------------------+------------------------------------------------------+ 
 
 
3.    DEALINGS (Note 3) 
 
 
(a)    Purchases and sales 
 
 
+------------------------------+-----------------------------+-------------------------------+ 
| Purchase/sale                | Number of securities        | Price per unit (Note 4)       | 
|                              |                             |                               | 
+------------------------------+-----------------------------+-------------------------------+ 
| Purchases                    | 4,000                       | 0.53                          | 
| Sales                        | 2,000                       | 0.58                          | 
|                              |                             |                               | 
+------------------------------+-----------------------------+-------------------------------+ 
 
 
 
 
(b)    Derivatives transactions (other than options) 
 
 
+-----------------+--------------------+----------------------------+-------------------------+ 
| Product name,   | Long/short (Note   | Number of securities (Note | Price per unit (Note 4) | 
| e.g. CFD        | 5)                 | 6)                         |                         | 
+-----------------+--------------------+----------------------------+-------------------------+ 
|                 |                    |                            |                         | 
+-----------------+--------------------+----------------------------+-------------------------+ 
 
 
 
 
 
 
(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 money  | 
| e.g. call       | selling,     | securities to   | price    | American,  | date    | paid/received | 
| option          | purchasing,  | which the       |          | European   |         | per unit      | 
|                 | varying etc. | option relates  |          | etc.       |         | (Note 4)      | 
|                 |              | (Note 6)        |          |            |         |               | 
+-----------------+--------------+-----------------+----------+------------+---------+---------------+ 
|                 |              |                 |          |            |         |               | 
+-----------------+--------------+-----------------+----------+------------+---------+---------------+ 
 
 
 
 
(ii)    Exercising 
 
 
+------------------------------+-----------------------------+-------------------------------+ 
| Product name, e.g. call      | Number of securities        | Exercise price per unit (Note | 
| option                       |                             | 4)                            | 
|                              |                             |                               | 
+------------------------------+-----------------------------+-------------------------------+ 
|                              |                             |                               | 
+------------------------------+-----------------------------+-------------------------------+ 
 
 
(d)    Other dealings (including new securities) (Note 3) 
 
 
+------------------------------+-----------------------------+-------------------------------+ 
| Nature of transaction (Note  | Details                     | Price per unit (if            | 
| 7)                           |                             | applicable) (Note 4)          | 
|                              |                             |                               | 
+------------------------------+-----------------------------+-------------------------------+ 
|                              |                             |                               | 
+------------------------------+-----------------------------+-------------------------------+ 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 38.5(b) attached? (Note 8)NO 
 
 
 
 
+---------------------------------------------------+---------------------------------------+---------------------------------------+ 
| Date of disclosure                                | 8th May 2009                          |                                       | 
+---------------------------------------------------+---------------------------------------+---------------------------------------+ 
| Contact name                                      | Barry Page                            |                                       | 
+---------------------------------------------------+---------------------------------------+---------------------------------------+ 
| Telephone number                                  | 0207 155 5907                         |                                       | 
+---------------------------------------------------+---------------------------------------+---------------------------------------+ 
| Name of offeree/offeror with which connected      | Bramdean Alternatives Limited         |                                       | 
+---------------------------------------------------+---------------------------------------+---------------------------------------+ 
| Nature of connection (Note 9)                     | Cazenove are broker to Bramdean       |                                       | 
|                                                   | Alternatives Limited                  |                                       | 
+---------------------------------------------------+---------------------------------------+---------------------------------------+ 
 
 
 
 
Notes 
 
 
The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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