FORM
38.5
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
(Rule 38.5 of the City Code on Takeovers and Mergers)
1.KEY INFORMATION
+------------------------------------------------------+-----------------------+
|Name of exempt principal trader |ALTIUM CAPITAL LIMITED |
+------------------------------------------------------+-----------------------+
|Company dealt in |SHED MEDIA PLC |
+------------------------------------------------------+-----------------------+
|Class of relevant security to which the dealings being|ORDINARY SHARES OF 0.1P|
|disclosed relate (Note 1) | |
+------------------------------------------------------+-----------------------+
|Date of dealing |4 JANUARY 2010 |
+------------------------------------------------------+-----------------------+
2.DEALINGS (Note 2)
(a)Purchases and sales
+--------------------------+-------------------------+-------------------------+
|Total number of securities|Highest price paid(Note |Lowest price paid(Note 3)|
|purchased |3) | |
| | | |
+--------------------------+-------------------------+-------------------------+
|30,000 |£0.86 |£0.86 |
+--------------------------+-------------------------+-------------------------+
+------------------------+--------------------------+--------------------------+
|Total number of |Highest price |Lowest price paid |
|securities sold |received(Note 3) |received(Note 3) |
| | | |
+------------------------+--------------------------+--------------------------+
|NIL |- |- |
+------------------------+--------------------------+--------------------------+
(b)Derivatives transactions (other than options)
+-------------+------------------+-------------------------+-------------------+
|Product name,|Long/short(Note 4)|Number of securities(Note|Price per unit(Note|
|e.g. CFD | |5) |3) |
+-------------+------------------+-------------------------+-------------------+
| | | | |
| | | | |
+-------------+------------------+-------------------------+-------------------+
(c)Options transactions in respect of existing securities
(i)Writing, selling, purchasing or varying
+--------+-------------+-------------+--------+----------+------+--------------+
|Product |Writing, |Number of |Exercise|Type, e.g.|Expiry|Option money |
|name, |selling, |securities to|price |American, |date |paid/received |
|e.g. | purchasing, |which the | |European | |per unit(Note |
|call |varying etc. |option | |etc. | |3) |
|option | |relates(Note | | | | |
| | |5) | | | | |
+--------+-------------+-------------+--------+----------+------+--------------+
| | | | | | | |
+--------+-------------+-------------+--------+----------+------+--------------+
(ii)Exercising
+---------------------------+--------------------+-----------------------------+
|Product name, e.g. call|Number of securities|Exercise price per unit(Note|
|option | |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 | 4 JANUARY 2010 |
+----------------------------------------------+-------------------+
| Contact name | STEVE DAVEY |
+----------------------------------------------+-------------------+
| Telephone number | 020 7484 4046 |
+----------------------------------------------+-------------------+
| Name of offeree/offeror with which connected | SHED MEDIA PLC |
+----------------------------------------------+-------------------+
| | CONNECTED ADVISER |
+----------------------------------------------+-------------------+
Notes
The Notes on Form 38.5 can be viewed on the Takeover Panel?s website
atwww.thetakeoverpanel.org.uk
[HUG#1370122]
