United Kingdom

Advised Atlantic Electric and Gas, an affiliate of Sempra Energy, on the sale of its assets to Scottish and Southern Energy.

Advised Aggregate Industries PLC on the sale of the company to Holcim Ltd

Advised leading European support services company Rentokil Initial on unsolicited approach from Raphoe Management Limited

(a wholly-owned subsidiary of Kelda Group plc) Advised Kelda Group plc on the sale of Aquarion Company, one of the largest investor-owned water utilities in the US

(wholly owned by Northcliffe Newspapers, the regional newspaper division of DMGT) Advised Daily Mail and General Trust’s regional newspaper division, Northcliffe Newspapers on its sale of Aberdeen Journals, publisher of the Aberdeen Press & Journal and Aberdeen Evening Express to DC Thomson, a leading Scottish publisher

Advised bondholders of Drax Group Limited on the refinancing & listing of, and possible offers for, the company. On 15-Dec-05, Drax Group plc was successfully listed on the London Stock Exchange