RNS Number:4293U
Cantor Fitzgerald Europe
20 January 2004


FORM 8.1/8.3

 
Lodge with a RIS or Newstrack if appropriate and the Takeover Panel. Use a
separate form for each class of securities in which dealings have been made. 
 
Date of Disclosure 
20/01/04...................................................... 
 
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 OF THE CITY CODE ON
TAKEOVERS AND MERGERS 
 
Date of dealing 
19/01/04............................................................... 
 
Dealing in (name of company) 
New Look Group Plc.....................................................
 
1. Class of securities (eg ordinary shares) 
Ordinary............................................................... 
 
2. 
 

                                                       
                         Amount    Amount    Price     
                         bought    sold      per unit  
                                   100       3.2775    
                                   96        3.2775    
                                   1,300     3.275     
                                   5,200     3.260     
                                   15,000    3.255     
                                   11,100    3.255     
                                   1,400     3.2575    
                                   1,400     3.2575    
                                   14,097    3.255     
                                   7,300     3.2775    
                                   4         3.2775    
                                   14,000    3.265     
                                   1,400     3.275     
                                   1,300     3.275     
                                   3,300     3.275     
                                   20,000    3.260     
                                   3,003     3.260     
 
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) 
3,130,992 * 1.56% 
 
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. 
 
Note 7.  
 
The resultant total percentage holding of the class of relevant security is
to be calculated by reference to the percentage held and in issue outside
treasury. 
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. Email: monitoring@disclosure.org.uk 
 

Date of Disclosure: January 20, 2004

Form 8 Enclosure

 
Cantor Fitzgerald Europe is the beneficial owner of 3,130,992 New Look Group
PLC ordinary shares. 2,475,000 of these shares are held to hedge Contract for
Differences ("CFD") positions for clients and 642,900 of these shares are
held to hedge Spreadbet positions between Cantor Index Limited and other
clients.  
 
A Long CFD is a product where the client to whom the product is sold is
taking a long economic interest in the underlying share price such that the
client can realise a gain if the price of the underlying securities rises
above the reference price. 
 
A Spread Bet is a product where the client to whom the product is sold can
realise a gain or a loss depending on whether the price of the underlying
security increases above or falls below the reference price. The client's
Spread bet position is described as his "stake". A "stake" is expressed in
pounds (sterling) per "point" and a "point" is the price in pence of the
underlying shares. A client with a "stake" of #100 per point will make a gain
of #100 for every penny increase in the underlying shares and he/she has an
exposure equivalent to 10,000 shares. 
 
A purchaser of a Spread Bet or a CFD contract will realise a gain if the
price of the underlying security goes up. A seller of a Spread Bet or a CFD
contract will realise a gain if the price of the underlying security goes
down. 
 
There are no written or oral agreements between Cantor Fitzgerald Europe and
any clients concerning the control of voting rights in relation to the
underlying shares used to hedge the CFDs and Spreadbets. 
 
The CFD contracts are open-ended and there is no rollover into new contracts 
 
 

                                                                              
  Contracts for                               Disclosure  20-Jan-04           
  Differences                                    Date:                        
  New Look                       Cantor                   Reference           
  Group Plc                    Fitzgerald    Underlying   Price               
                                              Number                          
  Product Name    Date          Buy/Sell     Of Shares    (pence)             
                  Executed                                                    
  New Look          August 8,     Sell          200,000          312          
  Group Plc,            2003                                                  
  Long CFD                                                                    

  New Look          August 8,     Sell          250,000          312          
  Group Plc,            2003                                                  
  Long CFD                                                                    

  New Look         October 1,     Sell          100,000          314          
  Group Plc,            2003                                                  
  Long CFD                                                                    

  New Look         October 1,     Sell          100,000          315          
  Group Plc,            2003                                                  
  Long CFD                                                                    

  New Look           December     Sell          100,000          315          
  Group Plc,        10, 2003                                                  
  Long CFD                                                                    

  New Look           December     Sell            1,521          313          
  Group Plc,        11, 2003                                                  
  Long CFD                                                                    

  New Look           December     Sell          250,000       302.75          
  Group Plc,        23, 2003                                                  
  Long CFD                                                                    

  New Look           December     Sell          200,000          303          
  Group Plc,        24, 2003                                                  
  Long CFD                                                                    

  New Look           December     Sell          100,000        307.5          
  Group Plc,        30, 2003                                                  
  Long CFD                                                                    

  New Look         January 2,     Sell          250,000          310          
  Group Plc,            2004                                                  
  Long CFD                                                                    

  New Look         January 5,     Sell          100,000       309.75          
  Group Plc,            2004                                                  
  Long CFD                                                                    

  New Look         January 6,     Sell          100,000          313          
  Group Plc,            2004                                                  
  Long CFD                                                                    

  New Look            January     Sell           20,000          321          
  Group Plc,        14, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell          250,000          323          
  Group Plc,        14, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell          100,000          325          
  Group Plc,        14, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell          150,000       324.98          
  Group Plc,        14, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell          100,000       324.98          
  Group Plc,        14, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell           20,000        328.5          
  Group Plc,        15, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell           25,000          326          
  Group Plc,        16, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell           10,000       327.89          
  Group Plc,        16, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell           25,000          326          
  Group Plc,        16, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell           10,000        328.5          
  Group Plc,        16, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell            5,000        327.5          
  Group Plc,        16, 2004                                                  
  Long CFD                                                                    

  New Look            January     Sell            8,479          326          
  Group Plc,        19, 2004                                                  
  Long CFD                                                                    
                                              2,475,000                       
                                                                              
  CFDs Closed                                                                 
  out                                                                         
  19-Jan-04       Open Date                               Open Price   Close  
                                                                       Price  
  New Look           December     Sell            8,479       317.25      326 
  Group Plc,        10, 2003                                                  
  Long CFD                                                                    
                                                                              

  Spread Bets                    Cantor                   Reference           
  New Look                     Fitzgerald     Stake - #   Price               
  Group Plc                                  per Point                        
  Expiry Date     Date          Buy/Sell      1 Point =   (pence)             
                  Executed                    1 pence                         

  16-Mar-04          November     Sell               20          316          
                    24, 2003                                                  

  16-Mar-04          November     Sell               50        312.5          
                    24, 2003                                                  

  16-Mar-04          November     Sell               20        316.5          
                    25, 2003                                                  

  16-Mar-04          December     Sell              150        313.8          
                     5, 2003                                                  

  16-Mar-04          December     Sell              100        322.6          
                    10, 2003                                                  

  16-Mar-04          December     Sell               50        316.1          
                    15, 2003                                                  

  16-Mar-04          December     Sell              260        311.2          
                    16, 2003                                                  

  16-Mar-04          December     Sell            1,416        310.9          
                    16, 2003                                                  

  16-Mar-04          December     Sell              200        310.9          
                    16, 2003                                                  

  16-Mar-04          December     Sell            2,958          312          
                    16, 2003                                                  

  16-Mar-04          December     Sell              830          313          
                    16, 2003                                                  

  16-Mar-04           January     Sell               50        329.3          
                    14, 2004                                                  

  16-Mar-04           January     Sell              100        329.9          
                    16, 2004                                                  

  23-Jan-04           January     Sell              200          330          
                    15, 2004                                                  

  23-Jan-04           January     Sell               25        329.3          
                    16, 2004                                                  

                                                  6,429                       
  Spread Bets                                                                 
  Closed out                                                                  
  19-Jan-04       Open Date                               Open Price   Close  
                                                                       Price  
  16-Mar-04           January     Sell             1000        328.9    327.4 
                    14, 2004                                                  
                                                                              
                                                                              
 
 



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