Rule 8.3- ARDANA

RNS Number:0048R
UBS Global Asset Management (UK)Ltd
28 March 2008

                                                                       FORM 8.3
                                                                                

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE    

                        (Rule 8.3 of the Takeover Code)                         

 

1. KEY INFORMATION                         

 
Name of person dealing (Note 1)        UBS GLOBAL ASSET MANAGEMENT (UK) LTD                       

Company dealt in                       ARDANA                        

Class of relevant security to which                       
the dealings being disclosed relate                       
(Note 2)                               ORDINARY SHARES                    

Date of dealing                        27-MAR-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 securities            3,945,631.00    6.0239% .00         .0000%           

(2) Derivatives (other than                            
    options)                                           0%                    0%

(3) Options and agreements to                           
    purchase/sell                                      0%                    0%

Total                              3,945,631.00    6.0239%    .00         .0000%           
                

 

(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%                    0%  
                                                       
(2) Derivatives (other than                            
    options)                                           0%                    0%      

(3) Options and agreements to                            
    purchase/sell                                      0%                    0%  

Total                              .00             .0000%    .00         .0000%                      

 

(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 (Note 5)             

SALE                  50,000.00                          £0.11                                                         

 

 

(b) Derivatives transactions (other than options)

 
Product        Long/short      Number of        Price per    
name, e.g.     (Note 6)        securities       unit (Note 5)
CFD                            (Note 7)                            
                          
                                                        
                                                        
                                                        

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

 
Product     Writing,      Number of    Exercise   Type,      Expiry  Option  
name,e.g.   selling,      securities   price      e.g.       date    money   
call        purchasing,   to which                American,          paid/   
option      varying       the option              European           received
            etc.          relates                 etc.               per unit
                          (Note 7)                                   (Note 5)
                                                                   

 

(ii) Exercising

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

 

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                                 28-MAR-2008     
                                                         
Contact name                                       KIRSTY LAHMAR      
                                                         
Telephone number                                   020 7901 5887      
                                                         
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







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