Rule 8 - Eidos Plc

    Krevlin Advisors LLC Rule 8 - Eidos Plc 
 
     NEW YORK, March 11 --  
 
    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 ... 11 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 ... 10 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 
                        225,000       0.4072 
                        1,000,000     0.3950 
 
    (3) Resultant total of the same class owned or controlled 
        (and percentage of class) ... 6,518,000 ... ......... (4.58 %) 
 
    (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-                             03/11/2005 
    /CONTACT:  Glenn J. Krevlin, [phone], for Krevlin Advisors LLC/ 






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