EPT Disclosure Scottish & Newcastle Plc

    DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
                       WITH RECOGNISED INTERMEDIARY STATUS
                      DEALING IN A CLIENT-SERVING CAPACITY
                       (Rule 38.5(a) of the Takeover Code)

1.   KEY INFORMATION

Name of exempt principal      Lehman Brothers International (Europe)
trader
Company dealt in              Scottish & Newcastle Plc
Class of relevant security    Ordinary
to which the dealings being
disclosed relate (Note 1)
Date of dealing               28th April, 2008


2.   DEALINGS (Note 2)

(a)  Purchases and sales

Total number of          Highest price paid      Lowest price paid (Note
securities purchased     (Note 3)                3)

258,941                  8.00(GBP)               7.985(GBP)
     

Total number of          Highest price received  Lowest price received
securities sold          (Note 3)                (Note 3)

10,753,391               8.00(GBP)               7.985(GBP)

b)   Derivatives transactions (other than options)

Product       Long/short    Number of          Price per unit (Note
name,         (Note 4)      securities (Note   3)
e.g. CFD                    5)
SWAP          Long                             8.00 to 7.99(GBP)
                            465,214
SWAP          Short                            8.00 to 8.00(GBP)
                            16,017
CFD           Long                             8.00 to 8.00(GBP)
                            9,185,337
CFD           Short                            7.985 to 7.945(GBP)
                            494,324
     
(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,  Writing, selling,  Number of securities  Exercise      Type, e.g.      Expiry         Option
e.g. call      purchasing,        to which the option   Price (GBP)   American,       Date           money
option         varying etc.       relates (Note 5)                    European etc.                  paid/receiv
                                                                                                     ed per unit
                                                                                                     (GBP) (Note
                                                                                                     3)
                                                                                                     

(ii) Exercising

Product name, e.g. call  Number of securities    Exercise price per unit
option                                           (Note 3)
                                                 
                                                 
                                                 
3.   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.






Date of disclosure                         29th April 2008
Contact name                               Anthony Allen
Telephone number                           020 7102 2094
Name of offeror                            Carlsberg A/S and Heineken N.V
 with which connected
Nature of connection (Note 6)              Connected Advisor


Notes

The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
 www.thetakeoverpanel.org.uk