Rule 8.3- Salvesen (Christian

RNS Number:0352J
State Street Global Advisors
03 December 2007


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

1. KEY INFORMATION

Name of Person              State Street
   Dealing (Note 1)           Global Advisors & Affiliates
Company Dealt In            Salvesen (Christian) PLC
Class of Relevant Security  Ord
   to Which the Dealings
   Being Disclosed
   Relate (Note 2)
Date of Dealing             30/11/2007


2. INTERESTS, SHORT POSITIONS & RIGHTS TO SUBSCRIBE

Variance of 99,857 due to Transfer Deliver

(a) Interests & Short Positions (following dealing) in
   the Class of Relevant Security Dealt In (Note 3)

Class of Relevant Security: Long                      Short
                            Number       %            Number       %
(1) Relevant Securities     3323957      1.25263
(2) Derivatives             0            0.00000      0            0.00000
    other than options
(3) Options &
    Agreements to
    Purchase/Sell
Total                       3323957      1.25263      0            0.00000


(b) Interests & Short Positions in Relevant Securities of the Company
   (ex.Class Dealt In) (Note 3)


Class of Relevant Security: Long                      Short
                            Number       %            Number       %
(1) Relevant Securities
(2) Derivatives
    other than options
(3) Options &
    Agreements to
    Purchase/Sell
Total


(c) Rights to Subscribe (Note 3)

Class of Relevant Security: Details




3. DEALINGS (Note 4)

(a) Purchases & Sales

Purchase /                  Number of    Price
Sale                        Securities   per Unit

SELL                        3170         0.60


(b) Derivatives Transactions (other than options)

Product Name (e.g. CFD)     Long/Short   No./Securites   Price/Unit
                            (Note 6)     (Note 7)        (Note 5)



(c) Options Transactions in Respect of Existing Securities
   (i) Writing, Selling, Purchasing or Varying

Product Name                Write,Sell   No/Securities   Exercise  Type
(eg call option)            Purchasing,  Which the       Price     (e.g. USA,
                            Varying etc. Optn Relates              European etc)
                                         Relates-Note7



Expiry Date                 Option Money
                            Paid/Received
                            per Unit
                            (Note 5)



    (ii) Exercising

Product Name                Number of    Exercise
(eg call option)            Securities   Price per
                                         Unit (Note 5)



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

Nature of Transaction       Details      Price / Unit
(Note 8)                                 if applicable
                                         (Note 5)



4. OTHER INFORMATION

(a)Agreements, Arrangements or Understandings Relating to Options or Derivatives
Full details of any agreement, arrangement or understanding between the person
disclosing & 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

Disclosure Date             03/12/2007
Contact Name                Harshil Naik
Telephone Number            020 7698 6213
If Connected EFM            N/A
   Name of Offeree/Offeror
   With Which Connected
If Connected EFM            N/A
   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


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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