RNS Number : 6833K
  BNP Paribas London
  23 December 2008
   

                                                
    DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 
    WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS
    BUT NOT DEALING IN A CLIENT-SERVING CAPACITY
    (Rule 38.5(b) of the Takeover Code)


    1.    KEY INFORMATION

 Name of exempt principal trader                    BNP PARIBAS ARBITRAGE SNC
                                                     
 Company dealt in                                   British Energy Group plc
                                                     
 Class of relevant security to which the dealings   Ordinary Shares
 being disclosed relate (Note 1)
  
 Date of dealing                                    22 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 2)

                                              Long                   Short

                                 Number       (%)                Number    (%)

 (1) Relevant securities         16,659,699          1.62%     

 (2) Derivatives (other than
 options)

 (3) Options and agreements to
 purchase/sell

 Total                           16,659,699   1.62%  


    (b)    Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)

 Class of relevant security:                      Long             Short

                                            Number       (%)  Number       (%)

 (1) Relevant securities 

 (2) Derivatives (other than options)

 (3) Options and agreements to
 purchase/sell

 Total


    *     Rights to subscribe (Note 2)

 Class of relevant security:  Details



    3.    DEALINGS (Note 3)

    (a)    Purchases and sales


            8475  7.72
           10754  7.71
              50  7.70
            3091  7.69
            7969  7.68
 Total :  30,339   
                   

           -1603  7.72
           -2191  7.71
           -2042  7.69
           -2631  7.68
           -1320  7.67
            -210  7.66
 Total :  -9,997   


    (b)    Derivatives transactions (other than options)

 Product name,   Long/short (Note 5)  Number of securities  Price per unit (Note 4)
 e.g. CFD                             (Note 6)



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

 Product name,     Writing, selling,     Number of securities  Exercise  Type, e.g. American,  Expiry   Option money
 e.g. call option  purchasing, varying   to which the option   price     European etc.         date     paid/received per
                   etc.                  relates (Note 6)                                               unit (Note 4) 


    (ii)    Exercising

 Product name, e.g. call option  Number of securities  Exercise price per unit (Note 4)



    (d)    Other dealings (including new securities) (Note 3)

 Nature of transaction (Note 7)  Details  Price per unit (if applicable) (Note
                                          4)




    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 38.5(b) attached? (Note 8)                NO


 Date of disclosure                            23 December 2008
                                                
 Contact name                                  Simon McVeigh
                                                
 Telephone number                              020 7595 4166
                                                
 Name of offeree/offeror with which connected  Electricit?e France SA (EDF)
                                                
 Nature of connection (Note 9)                 Advisor


    Notes

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



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