Rule 8.3 - British Energy Group
             



  FORM 8.3



 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR
                                MORE
                   (Rule 8.3 of the Takeover Code)


1.         KEY INFORMATION


+-------------------------------------------------------------------+
| Name of person dealing  (Note 1)      | DAVIDSON KEMPNER EUROPEAN |
|                                       | PARTNERS, LLP             |
|---------------------------------------+---------------------------|
| Company dealt in                      | BRITISH ENERGY GROUP PLC  |
|---------------------------------------+---------------------------|
| Class of relevant security to which   | ORDINARY SHARES           |
| the dealings being disclosed relate   |                           |
| (Note 2)                              |                           |
|---------------------------------------+---------------------------|
| Date of dealing                       | 3 December 2008           |
+-------------------------------------------------------------------+



2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)        Interests and short positions (following dealing) in the
class of relevant security dealt in (Note 3)


+-------------------------------------------------------------------+
|                        |           Long            |    Short     |
|                        |                           |              |
|------------------------+---------------------------+--------------|
|                        |      Number      |  (%)   | Number | (%) |
|                        |                  |        |        |     |
|------------------------+------------------+--------+--------+-----|
| (1) Relevant           |                  |        |        |     |
| securities             |                  |        |        |     |
|                        |                  |        |        |     |
|------------------------+------------------+--------+--------+-----|
| (2) Derivatives (other |  26,631,737      | 2.58 % |        |     |
| than options)          |                  |        |        |     |
|                        |                  |        |        |     |
|------------------------+------------------+--------+--------+-----|
| (3) Options and        |                  |        |        |     |
| agreements to          |                  |        |        |     |
| purchase/sell          |                  |        |        |     |
|                        |                  |        |        |     |
|------------------------+------------------+--------+--------+-----|
| Total                  |  26,631,737      | 2.58 % |        |     |
|                        |                  |        |        |     |
+-------------------------------------------------------------------+


(b)        Interests and short positions in relevant securities of
the company, other than the class dealt in (Note 3)


+-------------------------------------------------------------------+
| Class of relevant security:         |     Long     |    Short     |
|                                     |              |              |
|-------------------------------------+--------------+--------------|
|                                     | Number | (%) | Number | (%) |
|                                     |        |     |        |     |
|-------------------------------------+--------+-----+--------+-----|
| (1) Relevant securities             |        |     |        |     |
|                                     |        |     |        |     |
|-------------------------------------+--------+-----+--------+-----|
| (2) Derivatives (other than         |        |     |        |     |
| options)                            |        |     |        |     |
|                                     |        |     |        |     |
|-------------------------------------+--------+-----+--------+-----|
| (3) Options and agreements to       |        |     |        |     |
| purchase/sell                       |        |     |        |     |
|                                     |        |     |        |     |
|-------------------------------------+--------+-----+--------+-----|
| Total                               |        |     |        |     |
|                                     |        |     |        |     |
+-------------------------------------------------------------------+


(c)        Rights to subscribe (Note 3)


+---------------------------------------+
| Class of relevant security: | Details |
|                             |         |
|-----------------------------+---------|
|                             |         |
+---------------------------------------+




3.         DEALINGS (Note 4)

(a)        Purchases and sales


+----------------------------------------------------------------+
| Purchase/sale | Number of securities | Price per unit (Note 5) |
|               |                      |                         |
|---------------+----------------------+-------------------------|
|               |                      |                         |
|               |                      |                         |
+----------------------------------------------------------------+



(b)        Derivatives transactions (other than options)


+-------------------------------------------------------------------+
| Product     | Long/short (Note | Number of           | Price per  |
| name,       | 6)               | securities (Note 7) | unit (Note |
| e.g. CFD    |                  |                     | 5)         |
|-------------+------------------+---------------------+------------|
| EQUITY SWAP |  LONG            | 500,000             | 754.1 p    |
|-------------+------------------+---------------------+------------|
| EQUITY SWAP |  LONG            | 500,000             | 754.3 p    |
+-------------------------------------------------------------------+


(c)        Options transactions in respect of existing securities
(i)         Writing, selling, purchasing or varying


+------------------------------------------------------------------------------------+
|Product  |Writing,    |Number of          |Exercise|Type, e.g.|Expiry|Option money  |
|name,    |selling,    |securities to which|price   |American, |date  |paid/received |
|e.g. call|purchasing, |the option relates |        |European  |      |per unit (Note|
|option   |varying etc.|(Note 7)           |        |etc.      |      |5)            |
|         |            |                   |        |          |      |              |
|---------+------------+-------------------+--------+----------+------+--------------|
|         |            |                   |        |          |      |              |
+------------------------------------------------------------------------------------+



(ii)        Exercising


+-------------------------------------------------------------------+
| Product name, e.g. | Number of securities | Exercise price per    |
| call option        |                      | unit (Note 5)         |
|                    |                      |                       |
|--------------------+----------------------+-----------------------|
|                    |                      |                       |
|                    |                      |                       |
+-------------------------------------------------------------------+


(d)        Other dealings (including new securities) (Note 4)


+-------------------------------------------------------------------+
| Nature of transaction | Details | Price per unit (if applicable)  |
| (Note 8)              |         | (Note 5)                        |
|                       |         |                                 |
|-----------------------+---------+---------------------------------|
|                       |         |                                 |
|                       |         |                                 |
+-------------------------------------------------------------------+













4.         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.                                      |
|-------------------------------------------------------------------|
|                                                                   |
| None.                                                             |
|                                                                   |
+-------------------------------------------------------------------+





+--------------------------------------------------+
| Is a Supplemental Form 8 attached? (Note 9) | NO |
+--------------------------------------------------+




+-------------------------------------------------------------------+
| Date of disclosure              | 4 December 2008                 |
|---------------------------------+---------------------------------|
| Contact name                    | Suzanne Curl/John Bandey        |
|---------------------------------+---------------------------------|
| Telephone number                | 44-207-292-6768/44-207-292-6769 |
|---------------------------------+---------------------------------|
| If a connected EFM, name of     |                                 |
| offeree/offeror with which      |                                 |
| connected                       |                                 |
|---------------------------------+---------------------------------|
| If a connected EFM, state       |                                 |
| nature of connection (Note 10)  |                                 |
+-------------------------------------------------------------------+



Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website
at www.thetakeoverpanel.org.uk

---END OF MESSAGE---


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.



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