Rule 8.1- Trading Emissions

Date : 05/09/2008 @ 6:12AM
Source : UK Regulatory (RNS and others)
Stock : Trading Emissions (TRE)
Quote : 96.0  -4.5 (-4.48%) @ 10:31AM
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Rule 8.1- Trading Emissions

RNS Number:0760U
Kaupthing Bank hf
09 May 2008


                                                              FORM 8.1

          DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

                  FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

                      (Rules 8.1(a) of the Takeover Code)









1.         KEY INFORMATION


Name of person dealing (Note 1)                Kaupthing Bank Hf

Company dealt in                               Trading Emissions

Class of relevant security to which the        Ordinary Shares
dealings being disclosed relate (Note 2)

Date of dealing                                8 May 2008






2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE



(a)        Interests and short positions (following dealing) in the class of
relevant security dealt in (Note 3)


                                                             Long                             
Short


                                               Number                            Number
                                                        (%)                               
(%)
(1) Relevant securities                        91,437
                                                  (0.03%)

(2) Derivatives (other than options)


(3) Options and agreements to purchase/sell


Total                                          91,437
                                                   (0.03%)




(b)        Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 3)


Class of relevant security:                                  Long                             
Short


                                               Number                            Number
                                                         (%)                              
(%)

(1) Relevant securities


(2) Derivatives (other than options)


(3) Options and agreements to purchase/sell


Total



(c)        Rights to subscribe (Note 3)


Class of relevant security:                    Details









3.         DEALINGS (Note 4)



(a)        Purchases and sales


Purchase/sale                    Number of securities                        Price per unit
(Note 5)


Sell                             1,379                                             134.00p
Buy                              90                                                133.75p
Buy                              26                                                132.25p



(b)        Derivatives transactions (other than options)


Product name,      Long/short (Note 6)    Number of securities (Note   Price per unit (Note
5)
                                          7)
e.g. CFD






(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 money
                       purchasing,     to which the option             American,
e.g. call option     varying etc.      relates (Note 7)     price      European etc.   date   
   paid/received
                                                                                              
   per unit (Note
                                                                                              
   5)






(ii)        Exercising


Product name, e.g. call option          Number of securities                  Exercise price
per unit (Note 5)






(d)        Other dealings (including new securities) (Note 4)


Nature of transaction (Note 8)          Details                               Price per unit
(if applicable) (Note
                                                                              5)









4.         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.








Is a Supplemental Form 8 attached? (Note 9)
            NO




Date of disclosure                                             9 May 2008

Contact name                                                   Richard Easton

Telephone                                                      020 3205 6620

Name of offeree/offeror with which associated                  Tchenguiz Family Trust
(Consensus)


Specify category and nature of associate status (Note 10)      Connected Adviser






Notes



The Notes on Form 8.1 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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