1. KEY INFORMATION

Name of exempt principal trader: Winterflood Securities Ltd
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: 14.03.08

2. DEALINGS (Note 2)

(a) Purchases and sales

Total number of securities purchased: 5,919
Highest price paid (Note 3): £1.3875 GBP
Lowest price paid (Note 3): £1.38 GBP
Total number of securities sold: 8,041
Highest price received (Note 3): £1.3975 GBP
Lowest price received (Note 3): £1.38 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: 17.03.08
Contact name: Laura Murphy
Telephone number: 020 3100 0481
Name of offeree/offeror with which connected: Titan Europe plc
Nature of connection (Note 6): Advisor to Offeree