Last checked at 16 Mar 2007 10:00
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 Dresdner Kleinwort Securities Limited
Company dealt in Crest Nicholson Plc Class of relevant security to Ordinary Shares which the dealings being disclosed relate (Note 1) Date of dealing 15 March 2007 2. DEALINGS (Note 2)(a) Purchases and sales
Total number of securities Highest price paid (Note Lowest price paid (Note 3) purchased
3) 1 ‚£6.1300 ‚£6.1300
Total number of securities Highest price received Lowest price received sold
(Note 3) (Note 3) 1 ‚£6.1343 ‚£6.1343
(b) Derivatives transactions (other than options)
Product name, Long/short (Note Number of securities Price per unit (Note 4) (Note 5) 3) e.g. CFD
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, Writing, Number of Exercise Type, e.g. Expiry Option
selling, securities to American, money e.g. call purchasing, which the price European date option varying option etc. paid/ etc. relates (Note received 5) per unit (Note 3) (ii) ExercisingProduct 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 March 2007 Contact name Dresdner Kleinwort Media Relations Team Telephone number 020 7623 8000 Name of offeree with which connected Crest Nicholson Plc Nature of connection (Note 6) (3) Broker
Notes
The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
CREST NICHOLSON PLC