FORM 38.5

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
(Rule 38.5 of The City Code on Takeovers and Mergers)


Name of exempt principal trader:        KBC PEEL HUNT LTD
Company dealt in:       CONISTER TRUST PLC
Relevant security dealt in:     ORDINARY SHARES
Name of offeree/offeror with whom connected:    CONISTER TRUST PLC
Nature of connection:   FINANCIAL ADVISOR
Date of dealing:        1 AUGUST 2005



Total number of securities bought:      31,458
Highest price paid (currency must be stated):   � 0.45
Lowest price paid (currency must be stated):    � 0.4415


Total number of securities sold:        30,000
Highest price paid (currency must be stated):   � 0.466
Lowest price paid (currency must  be stated):   � 0.46


















Name of exempt principal trader:        KBC PEEL HUNT LTD
Company dealt in:       PRIVATE & COMMERCIAL FINANCE GROUP PLC
Relevant security dealt in:     ORDINARY SHARES
Name of offeree/offeror with whom connected:    PRIVATE & COMMERCIAL FINANCE GROUP PLC
Nature of connection:   CONNECTED TO FINANCIAL ADVISOR
Date of dealing:        1 AUGUST 2005



Total number of securities bought:      10,935
Highest price paid (currency must be stated):   � 0.226
Lowest price paid (currency must be stated):    � 0.226


Total number of securities sold:        25,000
Highest price paid (currency must be stated):   � 0.23
Lowest price paid (currency must  be stated):   � 0.23
























Name of exempt principal trader:        KBC PEEL HUNT LTD
Company dealt in:       WHITTARD OF CHELSEA PLC
Relevant security dealt in:     ORDINARY SHARES
Name of offeree/offeror with whom connected:    WHITTARD OF CHELSEA PLC
Nature of connection:   FINANCIAL ADVISOR
Date of dealing:        1 AUGUST 2005



Total number of securities bought:      1,219
Highest price paid (currency must be stated):   � 1.18
Lowest price paid (currency must be stated):    � 1.18


Total number of securities sold:        1,970
Highest price paid (currency must be stated):   � 1.22
Lowest price paid (currency must  be stated):   � 1.22



Date of disclosure:     2 AUGUST 2005
Contact name:   ROBERT JAYE
Telephone number:       020 7418 8970
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