EPT Disclosure

Date : 12/22/2006 @ 3:05AM
Source : UK Regulatory (RNS and others)
Stock : Idn Telecom Plc (IDN)
Quote : 2.99  0.0 (0.00%) @ 1:00AM
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EPT Disclosure

RNS Number:5362O
Evolution Securities
22 December 2006





                 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                         EVOLUTION SECURITIES LTD

Company dealt in                                        IDN Telecom PLC

Class of relevant security to which the dealings being  ORD
disclosed relate (Note 1)

Date of dealing                                         21/12/2006




2. DEALINGS (Note 2)


(a) Purchases and sales

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

20,000                             2.8864 GBX                2.8864 GBX



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



(b) Derivatives transactions (other than options)

Product      Long/short (Note   Number of securities (Note Price per unit (Note
name,        4)                 5)                         3)
e.g. CFD




(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

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



(ii) Exercising

Product name, e.g. call       Number of           Exercise price per unit (Note
option                        securities          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                                           22/12/2006

Contact name                                                 MITCHELL GIBB

Telephone number                                             020 7071 4352

Name of offeree/offeror with which connected                 REDSTONE plc

Nature of connection (Note 6)




Notes


The Notes on Form 38.5(a) 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

END

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