Immediate announcement required if an obligation under Rule 6, 9 or 11 is triggered

1. During an offer period, a potential offeror (see Note) must make an immediate announcement if it, or any person acting in concert with it, acquires an interest in shares in the offeree company and, as a result of that or any previous acquisition, the potential offeror would be obliged to offer a minimum level, or a particular form, of consideration under Rule 6 or Rule 11 which has not previously been announced.

2. After it has announced a firm intention to make an offer, an offeror must make an immediate announcement if it, or any person acting in concert with it, acquires an interest in shares in the offeree company and, as a result, the offeror is obliged to revise its offer under Rule 6, Rule 9.5 or Rule 11 or to make a mandatory offer under Rule 9.1.

3. Any announcement required under Rule 7.1(a) or (b) must state:

   1. the relevant obligation;

   2. the nature of the interest in shares that has been acquired and the number of shares concerned; and

   3. the highest price paid.

   A Dealing Disclosure will also be required in accordance with Rule 8.1(b) or Rule 8.4 (as appropriate).