Rule 8.3 - MCALPINE(ALFRED)

    FORM 8.3
                                        
    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)                      
Company dealt in              MCALPINE(ALFRED)
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               04 February 2008

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short
                                            
                      Number       (%)         Number       (%)
                                             
(1) Relevant       3,843,570      3.75%        156,261     0.15%
securities    
(2) Derivatives      155,965      0.15%        510,964     0.50%
(other than
options)
(3) Options and            0      0.00%             0      0.00%                  
agreements to
purchase/sell     
Total              3,999,535      3.90%       667,225      0.65%
   

(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant                                
securities
  
(2) Derivatives                             
(other than
options)
  
(3) Options and                             
agreements to
purchase/sell
  
Total                                       


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details

                              

3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      2,826                5.2582
Purchase      2,826                5.2582
Purchase      900                  5.2259
Purchase      5,884                5.2509
Purchase      5,884                5.2500
Purchase      5,688                5.2389
Purchase      900                  5.2259
Purchase      22,358               5.2553
Purchase      5,884                5.2500
Purchase      7,285                5.2358
Sale          2,826                5.2582
Sale          900                  5.2259
Sale          5,884                5.2500
Sale          124,198              5.2485
Sale          10,764               5.2382

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         900           5.2259
CFD            Short         7285          5.2358
CFD            Short         5688          5.2389
CFD            Short         5884          5.2499
CFD            Short         5884          5.2509
CFD            Short         22358         5.2552
CFD            Short         2826          5.2581
CFD            Long          10764         5.2381
CFD            Long          29039         5.25
CFD            Long          109997        5.2553

(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 option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)    
                                                           

(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)
                                        
                                        
                                        

(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)
                                        



4.   OTHER INFORMATION
None

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 8 attached? (Note 9)                 NO


Date of disclosure                         05 February 2008
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of                
offeree/offeror with which connected
If a connected EFM, state nature of        
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk