Rule 8 - Eidos Plc

    Krevlin Advisors LLC Rule 8 - Eidos Plc 
 
    NEW YORK, March 7 --  
 
    FORM 8.1/8.3 
 
    Lodge with a RIS or Newstrack, if appropriate, and the Takeover Panel. Use 
separate form for each class of securities in which dealings have been made. 
 
    Date of disclosure ... 7 March 2005 
 
     DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3 OF THE CITY CODE ON 
                            TAKEOVERS AND MERGERS 
 
    Date of dealing  ... 4 March 2005 
 
    Dealing in              Eidos PLC                  (name of company) 
 
    (1)  Class of securities (eg ordinary shares)       ORD GBP 0.02  
 
    (2)  Amount bought       Amount sold                Price per unit 
                             300,000                    0.5922 
 
    (3)  Resultant total of the same class owned or controlled 
         (and percentage of class)  8,010,000      ( 5.63 %) 
 
    (4)  Party making disclosure    Krevlin Advisors LLC  
 
    (5)  EITHER      (a)  Name of purchaser/vendor (Note 1)  
         OR          (b)  If dealing for discretionary client(s), name of fund  
                          management organisation Krevlin Advisors LLC  
 
    (6)  Reason for disclosure (Note 2) 
         (a) associate of  (i)   offeror (Note 3)       NO 
                           (ii)  offeree company        NO 
 
          Specify which category or categories of associate (1-8 overleaf)  
 
          If category (8), explain   
 
         (b) Rule 8.3 (ie disclosure because of ownership or control of 1% or  
             more of the class of relevant securities dealt in)    YES                
 
          Signed, for and on behalf of the party named in (4) above   
          /s/ Glenn J. Krevlin  
 
          (Also print name of signatory)     Glenn J. Krevlin  
 
          Telephone and extension number     646 432 0600  
 
    Note 1.  Specify owner, not nominee or vehicle company. If relevant,   
             also identify controller of owner, eg where an owner normally  
             acts on instructions of a controller. 
    Note 2.  Disclosure might be made for more than one reason; if so, state  
             all reasons. 
    Note 3.  Specify which offeror if there is more than one. 
    Note 4.  When an arrangement exists with any offeror, with the offeree  
             company or with an associate of any offeror or of the offeree  
             company in relation to relevant securities, details of such  
             arrangement must be disclosed, as required by Note 6 on Rule 8. 
    Note 5.  It may be necessary, particularly when disclosing derivative  
             transactions, to append a sheet to this disclosure form so that  
             all relevant information can be given. 
    Note 6.  In the case of an average price bargain, each underlying trade  
             should be disclosed. 
    Note 7.  The resultant total percentage holding of the class of relevant  
             security is to be calculated by reference to the percentage held    
             and in issue outside treasury. 
 
    For full details of disclosure requirements, see Rule 8 of the Code. If in 
doubt, contact the Panel on Takeovers and Mergers, Monitoring Section, Tel. 
No: 020 7638 0129. E-mail: [e-mail] 
 
    DEFINITION OF ASSOCIATE 
    It is not practicable to define associate in terms which would cover all 
the different relationships which may exist in an offer. The term associate is 
intended to cover all persons (whether or not acting in concert) who directly 
or indirectly own or deal in the shares of an offeror or the offeree company 
in an offer and who have (in addition to their normal interests as 
shareholders) an interest or potential interest, whether commercial, financial 
or personal, in the outcome of the offer. 
    Without prejudice to the generality of the foregoing, the term associate 
will normally include the following:- 
 
    (1)  an offeror's or the offeree company's parent, subsidiaries and fellow  
         subsidiaries, and their associated companies, and companies of which  
         such companies are associated companies (for this purpose ownership  
         or control of 20% or more of the equity share capital of a company is  
         regarded as the test of associated company status); 
    (2)  banks and financial and other professional advisers (including  
         stockbrokers)* to an offeror, the offeree company or any company  
         covered in (1), including persons controlling#, controlled by or  
         under the same control as such banks, financial and other  
         professional advisers; 
    (3)  the directors (together with their close relatives and related  
         trusts) of an offeror, the offeree company or any company covered in  
         (1); 
    (4)  the pension funds of an offeror, the offeree company or any company  
         covered in (1); 
    (5)  any investment company, unit trust or other person whose investments  
         an associate manages on a discretionary basis, in respect of the  
         relevant investment accounts; 
    (6)  a person who owns or controls 5% or more of any class of relevant  
         securities (as defined in paragraphs (a) to (d) in Note 2 on Rule 8)  
         issued by an offeror or an offeree company, including a person who as        
         a result of any transaction owns or controls 5% or more. When two or  
         more persons act pursuant to an agreement or understanding (formal or  
         informal) to acquire or control such securities, they will be deemed  
         to be a single person for the purpose of this paragraph. Such  
         securities managed on a discretionary basis by an investment  
         management group will, unless otherwise agreed by the Panel, also be  
         deemed to be those of a single person (see Note 8 on Rule 8); and 
    (7)  a company having a material trading arrangement with an offeror or  
         the offeree company. 
 
    Paragraphs (1)-(7) are typical cases. Paragraph (8) below is a category to 
cover associate status not within (1)-(7). 
Other. 
 
    Notes 
    *  References to a "bank" do not apply to a bank whose sole relationship   
       with a party to an offer is the provision of normal commercial banking  
       services or such activities in connection with the offer as confirming  
       that cash is available, handling acceptances and other registration  
       work.  
 
       References to "financial and other professional advisers (including  
       stockbrokers)", in relation to a party to an offer, do not include an         
       organisation which has stood down, because of a conflict of interest or  
       otherwise, from acting for that party in connection with the offer if  
       the organisation is to have a continuing involvement with that party  
       during the offer, the Panel must be consulted. Unless the Panel is  
       satisfied that the involvement is entirely unconnected with the offer,  
       the above exclusion will not normally apply. 
 
    #  The normal test for whether a person is controlled by, controls or is  
       under the same control as another person will be by reference to the  
       definition of control contained in the Code. There may be other  
       circumstances which the Panel will regard as giving rise to such a  
       relationship (eg where a majority of the equity share capital is owned  
       by another person who does not have a majority of the voting rights);  
       in cases of doubt, the Panel should be consulted. 
 
SOURCE  Krevlin Advisors LLC  
    -0-                             03/07/2005 
    /CONTACT: Glenn J. Krevlin, [phone]/ 



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