EPT Disclosure

    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      Collins Stewart Europe Ltd
trader
Company dealt in              Scarborough Minerals
Class of relevant security    ORD GBP0.30
to which the dealings being
disclosed relate (Note 1)
Date of dealing               13 April 2007

2.   DEALINGS (Note 2)

(a)  Purchases and sales

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

925033                   42.9p                   42.9p

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

673750                   43.5p                   43p

(b)  Derivatives transactions (other than options)

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

     
     
(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product       Writing,    Number of    Exerc   Type,    Expir   Option
name,         selling,    securities   ise     e.g.     y       money
e.g. call     purchasin   to which the price   American date    paid/rece
option        g,          option               ,                ived per
              varying     relates              European         unit
              etc.        (Note 5)             etc.             (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.

NONE

Date of disclosure                         16 April 2007
Contact name                               Damian Fernandez
Telephone number                           02075238326
Name of offeree/offeror with which         Scarborough Minerals
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