EPT Disclosure

RNS Number:3528L
Altium Cap Ltd
08 January 2008


                                   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                         ALTIUM CAPITAL LIMITED
                                                              
Company dealt in                                        INSPICIO PLC 

Class of relevant security to which the dealings        ORDINARY SHARES OF 10P
being disclosed relate (Note 1)                                     

Date of dealing                                         8 JANUARY 2008



2. DEALINGS (Note 2)


(a) Purchases and sales

Total number of securities      Highest price paid     Lowest price paid 
purchased                       (Note 3)               (Note 3)
NIL                             -                      -


Total number of           Highest price received    Lowest price paid received
securities sold           (Note 3)                  (Note 3)
2,498                     £2.22                     £2.22


(b) Derivatives transactions (other than options)

Product      Long/short       Number of securities      Price per unit 
name,        (Note 4)         (Note 5)                  (Note 3)
e.g. CFD


(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product  Writing,      Number of        Exercise  Type, e.g. Expiry  Option
name,    selling,      securities to    price     American,  date    money paid/
e.g.     purchasing,   which the option           European           received
call     varying etc.  relates (Note 5)           etc.               per unit
option                                                               (Note 3)
                                                                  

(ii) Exercising

Product name, e.g. call       Number of           Exercise price per unit 
option                        securities          (Note 3)


























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 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.





Date of disclosure                                       8 JANUARY 2008

Contact name                                             STEVE DAVEY

Telephone number                                         020 7484 4046

Name of offeree/offeror with which connected             INSPICIO PLC

Nature of connection (Note 6)                            CONNECTED ADVISER




Notes


The Notes on Form 38.5 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

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