RNS Number:5039T
UBS AG (EMM)
19 December 2003



  FORM 38.5 (SUMMARY)
  Lodge with Company Announcements Office and the Panel. Use a separate form for each class of securities in which
  dealings have been made.
                                              CONNECTED EXEMPT MARKET-MAKERS:
                            DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
  Name of EMM                    UBS AG
  Date of disclosure             19-Dec-2003
  Contact Name                   Equities Compliance
  Telephone number               0207 568 4981
  Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
  ISOFT GROUP
  AMENDMENT
  If the attached Rule 38.5 disclosure is to amend a previous disclosure, please state which element(s) of previous
  disclosure was incorrect: buy/sell figures
  In the case of option business or dealings in derivatives full details should be given on a separate sheet so that the
  nature of the dealings can be fully understood. For options this should include the number of securities under option,
  the exercise period (or in the case of exercise, the exercise date), the exercise price and any option money paid or
  received. For derivatives this should include, at least, the number of reference securities to which they relate (when
  relevant), the maturity date (or if applicable the closing out date) and the reference price.For full details of
  disclosure requirements see Rules 8 and 38 of the Code. If in doubt contact the Monitoring Section of the Panel, Tel 
No:
  020-7638 0129.
                                                                                                                        
          FORM 38.5
                                    CONNECTED EXEMPT MARKET-MAKERS:
       DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
 Dealing in                     ISOFT GROUP
 Class of securities            ORD GBP0.10
 Date of disclosure             19-Dec-2003
 Date of dealing                16-dec-2003
 Name of EMM                    UBS AG
 Name of offeree / offeror with whom connected               Torex Group Plc
 Total Number of securities bought                                                         1,064,000
 Highest price paid*                                                                          3.4800   GBP
 Lowest price paid*                                                                           3.4498   GBP
 Total Number of securities sold                                                             980,840
 Highest price received*                                                                      3.4800   GBP
 Lowest price received*                                                                       3.4648   GBP
  FORM 38.5 (SUMMARY)
  Lodge with Company Announcements Office and the Panel. Use a separate form for each class of securities in which
  dealings have been made.
                                              CONNECTED EXEMPT MARKET-MAKERS:
                            DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
  Name of EMM                    UBS AG
  Date of disclosure             19-Dec-2003
  Contact Name                   Equities Compliance
  Telephone number               0207 568 4981
  Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
  TOREX
  AMENDMENT
  If the attached Rule 38.5 disclosure is to amend a previous disclosure, please state which element(s) of previous
  disclosure was incorrect: buy/sell figures
  In the case of option business or dealings in derivatives full details should be given on a separate sheet so that the
  nature of the dealings can be fully understood. For options this should include the number of securities under option,
  the exercise period (or in the case of exercise, the exercise date), the exercise price and any option money paid or
  received. For derivatives this should include, at least, the number of reference securities to which they relate (when
  relevant), the maturity date (or if applicable the closing out date) and the reference price.For full details of
  disclosure requirements see Rules 8 and 38 of the Code. If in doubt contact the Monitoring Section of the Panel, Tel 
No:
  020-7638 0129.
                                                                                                                        
          FORM 38.5
                                    CONNECTED EXEMPT MARKET-MAKERS:
       DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
 Dealing in                     TOREX
 Class of securities            ORD GBP0.10
 Date of disclosure             19-Dec-2003
 Date of dealing                16-dec-2003
 Name of EMM                    UBS AG
 Name of offeree / offeror with whom connected               Torex Group Plc
 Total Number of securities bought                                                           716,700
 Highest price paid*                                                                          5.8550   GBP
 Lowest price paid*                                                                           5.8300   GBP
 Total Number of securities sold                                                             696,700
 Highest price received*                                                                      5.8488   GBP
 Lowest price received*                                                                       5.8300   GBP


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