RNS Number:5577I
Cantor Fitzgerald Europe
11 March 2003

FORM 8.1/8.3

Lodge with a RIS or Newstrack and the Takeover Panel. Use separate form for each
class of securities in which dealings have been made.

                      Date of disclosure                11/03/03...........

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS


Date of dealing                10/03/03..................................



Dealing in                      ENIC Plc................(name of company)



(1)   Class of securities (eg ordinary shares)   ordinary shares...............


(2)   Amount bought                  Amount sold              Price per unit

                                     2,565,000                0.395


In addition, Cantor Fitzgerald Europe (and affiliates) have undertaken certain
CFD and Spreadbet transactions(see below).



(3)   Resultant total of the same class owned or controlled
      (and percentage of  class)      NIL*        ( 0.00%)



(4) Party making disclosure     Cantor Fitzgerald Europe........................



(5)   EITHER   (a)  Name of purchaser/vendor (Note 1) Cantor Fitzgerald Europe.

        OR     (b)  If dealing for discretionary client(s), name of
                    fund management organisation


(6)   Reason for disclosure (Note 2)

        (a)        associate of        (i)    offeror (Note 3)   NO
                                      (ii)   offeree company     NO


        Specify which category or categories of associate (1-8 overleaf) .......



        If category (8), explain .............................................


        (b)   Rule 8.3 (ie disclosure because of ownership or control of 1% or
              more of the class of relevant securities dealt in)  YES



Signed, for and on behalf of the party named in (4) above .....................



(Also print name of signatory)                Ross Tanton...................



Telephone and extension number                020 7894 7214.....................
.........

                     ______________________________________

*In addition, Cantor Fitzgerald Europe(and affiliates) are party to certain CFDs
and Spreadbets (see below)



Note 1. Specify owner, not nominee or vehicle company. If relevant, also
identify controller of owner, eg where an owner normally acts on instructions of
a controller.

Note 2.  Disclosure might be made for more than one reason; if so, state all
reasons.

Note 3. Specify which offeror if there is more than one.

Note 4. When an arrangement exists with any offeror, with the offeree company or
with an associate of any offeror or of the offeree company in relation to
relevant securities, details of such arrangement must be disclosed, as required
by Note 6 on Rule 8.

Note 5. It may be necessary, particularly when disclosing derivative
transactions, to append a sheet to this disclosure form so that all relevant
information can be given.

Note 6. In the case of an average price bargain, each underlying trade should be
disclosed.

For full details of disclosure requirements, see Rule 8 of the Code. If in
doubt, contact the Panel on Takeovers and Mergers, Monitoring Section, Tel. No:
020 7638 0129. E-mail:monitoring@disclosure.org.uk


  ENIC PLC                                    Date of Disclosure: March 11, 2003                       
  Contracts for Differences                                                                                           

  CFDs closed out                                                                                                     
  on 10 Mar 2003                                       Cantor                                       Open      Close   
                                                     Fitzgerald         Underlying Number          Price      Price   
  Product Name                      Open Date         Buy/Sell              Of Shares             (pence)    (pence)  

  ENIC Plc, Long CFD                 July 23, 2002      Sell                            215,000      31.25       39.5 
  ENIC Plc, Long CFD                 July 23, 2002      Sell                            250,000      31.25       39.5 
  ENIC Plc, Long CFD                 July 24, 2002      Sell                            500,000      31.25       39.5 
  ENIC Plc, Long CFD                 July 26, 2002      Sell                            250,000         33       39.5 
  ENIC Plc, Long CFD                August 1, 2002      Sell                            250,000         33       39.5 
  ENIC Plc, Long CFD                August 7, 2002      Sell                            250,000       32.5       39.5 
  ENIC Plc, Long CFD               August 27, 2002      Sell                            250,000       32.5       39.5 
  ENIC Plc, Long CFD             September 4, 2002      Sell                            100,000       32.5       39.5 
  ENIC Plc, Long CFD            September 19, 2002      Sell                            250,000       32.5       39.5 
  ENIC Plc, Long CFD            September 30, 2002      Sell                            100,000      31.25       39.5 
  ENIC Plc, Long CFD             February 24, 2003      Sell                             50,000       32.5       39.5 
  ENIC Plc, Long CFD             February 25, 2003      Sell                             50,000         32       39.5 
  ENIC Plc, Long CFD                 March 4, 2003      Sell                             50,000         34       39.5 

                                                                                      2,565,000                       


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

DCCDGGMFGMLGFZM