RNS Number:5213U
Cantor Fitzgerald Europe
22 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

22/01/04......................................................



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



Date of dealing

21/01/04...............................................................



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
  11,550                                            3.270
     450                                            3.270
     446                                            3.270
   8,000                                            3.270      
     446                                            3.270
  19,554                                            3.270
   5,000                                            3.270
   5,000                                            3.270
  19,554                                            3.270
     446                                            3.270
                              12,000                3.271635



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)

3,179,438 *       1.58%



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 22, 2004

Form 8 Enclosure



Cantor Fitzgerald Europe is the beneficial owner of 3,179,438 New Look Group PLC
ordinary shares.  2,475,000 of these shares are held to hedge Contract for
Differences ("CFD") positions for clients and 701,300 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  22-Jan-04      
  Differences                                         Date:                   
  New Look Group                    Cantor                     Reference      
  Plc                             Fitzgerald     Underlying    Price          
                                                  Number                      
  Product Name      Date           Buy/Sell      Of Shares     (pence)        
                    Executed                                                  

  New Look Group       August 8,     Sell            200,000          312     
  Plc, Long CFD            2003                                               

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  New Look Group     January 19,     Sell              8,479          326     
  Plc, Long CFD            2004                                               

  New Look Group     January 20,     Sell              1,521          326     
  Plc, Long CFD            2004                                               

                                                   2,475,000                  
                                                                              
  Spread Bets                       Cantor                     Reference      
  New Look Group                  Fitzgerald      Stake - #    Price          
  Plc                                            per Point                    
  Expiry Date       Date           Buy/Sell      1 Point = 1   (pence)        
                    Executed                       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 5,     Sell                150        313.8     
                           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 14,     Sell                 50        329.3     
                           2004                                               

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

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

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

  16-Mar-04          January 21,     Sell                584          330     
                           2004                                               

                                                       7,013                  
                                                                              
 
 



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