EPT Disclosure

 
TIDMVTG 
 
 

  FORM 38.5(a) 
 

  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 trader   Royal Bank of Scotland N.V. London Branch 
                                  (Subsidiary of RFS Holding N.V.) 
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Company dealt in                  VT Group Plc 
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Class of relevant security        ORD GBP 0.05 
to which the dealings 
being disclosed  relate(Note 1) 
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Date of dealing                   23 March 2010 
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  2.DEALINGS (Note 2) 
 

  (a)Purchases and sales 
 
Total number of   Highest price paid(Note 3)  Lowest price paid(Note 3) 
securities 
purchased 
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63,943            7.2850 GBP                  7.2138GBP 
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Total number of   Highest              Lowest price received(Note 
securities        price received(Note  3) 
sold              3) 
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68,943            7.2750 GBP           7.1750 GBP 
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  (b)Derivatives transactions (other than options) 
 
Product name,   Long/short(Note 4)  Number              Price per unit(Note 
e.g. CFD                            of securities(Note  3) 
                                    5) 
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  (c)Options transactions in respect of existing securities 
 

  (i)Writing, selling, purchasing or varying 
 
Product     Writing,      Number        Exercise  Type,      Expiry  Option 
name,       selling,      of            price     e.g.       date    money 
e.g. call   purchasing,   securities              American,          paid/received 
option      varying etc.  to which                European           per 
                          the                     etc.               unit 
                          option                                     (Note 
                          relates(Note                               3) 
                          5) 
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  (ii)Exercising 
 
Product name, e.g. call option   Number of securities  Exercise price per 
                                                       unit(Note 3) 
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  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. 
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Date of disclosure                             24 March 2010 
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Contact name                                   Kirit Devshi 
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Telephone number                               [phone] 
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Name of offeree/offeror with which connected   VT Group Plc 
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Nature of connection(Note 6)                   Corporate Broker 
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  Notes 
 

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