RNS Number:1791C
Morgan Stanley Securities Ld(EMM)
20 August 2004

                                                             FORM 38.5 (SUMMARY)

Lodge with Company Announcements Office and the Panel. Use a separate form for
each class of securities in which dealings have been made.



CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS


Name of EMM: Morgan Stanley Securities Limited.........

Date of disclosure: 20 August 2004..........................

Contact name: George Sobek..........................

Telephone number: 020 7677 2488...........................

Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:

Abbey National Plc

If the attached Rule 38.5 disclosure is to amend a previous disclosure, please
state which element(s) of previous disclosure was incorrect:

........................................................................

........................................................................

In the case of option business or dealings in derivatives full details should
be given on a separate sheet so that the nature of the dealings can be fully
understood. For options this include the number of securities under option,
the exercise period (or in the case of exercise, the exercise date),
the exercise price and any option money paid or received. For derivative
this should include, at least, the number of reference securities to which
they relate (when relevant), the maturity date (or if applicable the closing
out date) and the reference price.

For full details of the disclosure requirements see Rules 8 and 38 of the Code.
If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129



FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS


Dealing in: Abbey National Plc.......................(name of company)

Class of security: Ordinary Shares..................................

Date of disclosure: 20 August 2004................................

Date of dealing: 19 August 2004....................................

Name of EMM: Morgan Stanley Securities Limited......................

Name of offeree/offeror with whom connected: Abbey National Plc


Total number of securities bought: 19,803..........

Highest price paid*: #5.80

Lowest price paid*:  #5.80


Total number of securities sold: 4,000...........

Highest price received*: #4.20

Lowest price received*:  #4.20


Dealing in: Abbey National Plc.......................

Class of security: Hedging against Contract for Difference '(CFD)...............

Date of disclosure:  20 August 2004..................

Date of dealing: 19 August 2004....................................

Name of EMM: Morgan Stanley Securities Limited......................

Name of offeree/offeror with whom connected:  Abbey National Plc


     BASKET      BUY/SELL    PRICE     MATURITY        SHARE REFERENCE
                                                           QUANTITY
    LONG CFD     WRITING     5.83     25.02.2005           12,803
    LONG CFD     WRITING     5.83     13.02.2006            7,000


Exercise of September 2004 Call Option

Number of shares delivered: 4,000

Price: #4.20



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
EMMILFSFTDIIFIS

x
Abbey Nat. (LSE:ANL)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Abbey Nat. Charts.
Abbey Nat. (LSE:ANL)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Abbey Nat. Charts.