1. KEY INFORMATION

Name of exempt principal trader: Seymour Pierce Limited
Company dealt in: Titan Europe plc
Class of relevant security to which the dealings being Ordinary 40p disclosed relate (Note 1): Ordinary 40p Shares
Date of dealing: 27.02.08

2. DEALINGS (Note 2)

(a) Purchases and sales

Total number of securities purchased: 14,000
Highest price paid (Note 3): 1.43 GBP
Lowest price paid (Note 3): 1.43 GBP
Total number of securities sold: 0
Highest price received (Note 3): 0 GBP
Lowest price received (Note 3): 0 GBP

(b) Derivatives transactions (other than options)

Product Name Long/short (Note 4) Number of securities (Note 5) Price per unit (Note 3)

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product Name e.g call option
Writing, selling, purchasing, varying etc
Number of securities to which the option relates
Exercise price
Type e.g American, European etc.
Expiry date
Option money paid/received per unit (Note 3)

(ii) Exercising

Product name, e.g. call option Number of securities Exercise price per unit (Note 3)

3. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Date of disclosure: 28.02.08
Contact name: Joe Whittle
Telephone number: 020 7107 8056
Name of offeree/offeror with which connected: Titan Europe plc
Nature of connection (Note 6): Nomad and Broker

Notes
The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk