RNS Number:2245E
UBS Warburg(EMM)
25 November 2002


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                  UBS WARBURG
                             ....................................................................................
Date of disclosure           25 November 2002
                             ....................................................................................
Contact Name                 Bianca Brown
                             ....................................................................................
Telephone number             020-7568 9658
                             ....................................................................................

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

P&O Princess Cruises

P&O Princess Cruises - Contract for Difference

CMG

CMG - Contract for Difference

Logica

Logica - Contract for Difference
                                     _______________________________________

AMENDMENT

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 should 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 derivatives 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 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                 P&O Princess Cruises Plc                         (name of company)

                           ...........................................
Class of Security          ORD USD0.50

                           ...............................................................
Date of disclosure         25-Nov-02

                           ...............................................................
Date of dealing            22-Nov-02

                           ...............................................................
Name of EMM                UBS WARBURG

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

,Name of offeree / offeror with whom connected              Carnival Corp

                                                            ....................................
Total Number of securities bought           435,931

                                            ........................
Highest price paid*                         506.75 GBP

                                            ........................
Lowest price paid*                          501.25 GBP

                                            ........................
Total number of securities sold             292,076

                                            ........................
Highest price received*                     507.75 GBP

                                            ........................
Lowest price received*                      501.5 GBP






                                                                                                 FORM 38.5

                                     CONNECTED EXEMPT MARKET-MAKERS:

                   DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS


Dealing in                 CMG                                              (name of company)

                           ...........................................
Class of Security          ORD GBP0.025

                           ...............................................................
Date of disclosure         25-Nov-02

                           ...............................................................
Date of dealing            21-Nov-02

                           ...............................................................
Name of EMM                UBS WARBURG

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

,Name of offeree / offeror with whom connected              LOGICA PLC

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

Total Number of securities bought           1,486,190

                                            ........................
Highest price paid*                         79.5 GBP

                                            ........................
Lowest price paid*                          77.25 GBP

                                            ........................
Total number of securities sold             57,969

                                            ........................
Highest price received*                     79 GBP

                                            ........................
Lowest price received*                      77.75 GBP



                                                                                                 FORM 38.5

                                     CONNECTED EXEMPT MARKET-MAKERS:

                   DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS


Dealing in                 LOGICA                                           (name of company)

                           ...........................................
Class of Security          ORD USD0.10

                           ...............................................................
Date of disclosure         25-Nov-02

                           ...............................................................
Date of dealing            22-Nov-02

                           ...............................................................
Name of EMM                UBS WARBURG

                           ...............................................................
,Name of offeree / offeror with whom connected              LOGICA PLC

                                                            ....................................
Total Number of securities bought           632,169

                                            ........................
Highest price paid*                         167.25 GBP

                                            ........................
Lowest price paid*                          162.75 GBP

                                            ........................
Total number of securities sold             3,015,924

                                            ........................
Highest price received*                     168.25 GBP

                                            ........................
Lowest price received*                      162.75 GBP







                                                                                                  FORM 38.5

                                      CONNECTED EXEMPT MARKET-MAKERS:

                   DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in             P&O PRINCESS CRUISES PLC ..........                          (name of company)

Class of Security      CONTRACT FOR DIFFERENCE

                       ...........................................................................
Expiry                 22-Aug- 03

                       ...........................................................................
Client                 BOUGHT TO OPEN

                       ...........................................................................
Date of disclosure     25-Nov-02

                       ...............................................................
Date of dealing        22-Nov-02

                       ...............................................................
Name of EMM            UBS WARBURG ........................................................................
                       ...

Name of offeree / offeror with whom connected                   CARNIVAL CORP

                                                                ....................................
Total Number of securities bought                    0

                                                     ........................
Highest price paid*                                  0 GBP

                                                     ........................
Lowest price paid*                                   0 GBP

                                                     ........................
Total number of securities sold                      125,000

                                                     ........................
Highest price received*                              5.05 GBP

                                                     ........................
Lowest price paid*                                   5.05 GBP



                                                                                                  FORM 38.5

                                      CONNECTED EXEMPT MARKET-MAKERS:

                   DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in             P&O PRINCESS CRUISES PLC ..........                          (name of company)

Class of Security      CONTRACT FOR DIFFERENCE

                       ...........................................................................
Expiry                 22-Aug- 03

                       ...........................................................................
Client                 BOUGHT TO OPEN

                       ...........................................................................
Date of disclosure     25-Nov-02

                       ...............................................................
Date of dealing        22-Nov-02

                       ...............................................................
Name of EMM            UBS WARBURG ........................................................................
                       ...

Name of offeree / offeror with whom connected                   CARNIVAL CORP

                                                                ....................................
Total Number of securities bought                    0

                                                     ........................
Highest price paid*                                  0 GBP

                                                     ........................
Lowest price paid*                                   0 GBP

                                                     ........................
Total number of securities sold                      200,000

                                                     ........................
Highest price received*                              506.23 GBP

                                                     ........................
Lowest price paid*                                   506.23 GBP





                                                                                                  FORM 38.5

                                      CONNECTED EXEMPT MARKET-MAKERS:

                   DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in             CMG PLC ..........                                           (name of company)

Class of Security      CONTRACT FOR DIFFERENCE

                       ...........................................................................
Expiry                 6-Aug- 03

                       ...........................................................................
Client                 BOUGHT TO CLOSE

                       ...........................................................................
Date of disclosure     25-Nov-02

                       ...............................................................
Date of dealing        22-Nov-02

                       ...............................................................
Name of EMM            UBS WARBURG ........................................................................
                       ...

Name of offeree / offeror with whom connected                   LOGICA PLC

                                                                ....................................
Total Number of securities bought                    0

                                                     ........................
Highest price paid*                                  0 GBP

                                                     ........................
Lowest price paid*                                   0 GBP

                                                     ........................
Total number of securities sold                      1,075,889

                                                     ........................
Highest price received*                              78 GBP

                                                     ........................
Lowest price paid*                                   78 GBP





                                                                                                  FORM 38.5

                                      CONNECTED EXEMPT MARKET-MAKERS:

                   DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in             LOGICA PLC ..........                                        (name of company)

Class of Security      CONTRACT FOR DIFFERENCE

                       ...........................................................................
Expiry                 8-Aug- 03

                       ...........................................................................
Client                 SOLD TO CLOSE

                       ...........................................................................
Date of disclosure     25-Nov-02

                       ...............................................................
Date of dealing        22-Nov-02

                       ...............................................................
Name of EMM            UBS WARBURG ........................................................................
                       ...

Name of offeree / offeror with whom connected                   LOGICA PLC

                                                                ....................................
Total Number of securities bought                    2,210,000

                                                     ........................
Highest price paid*                                  164 GBP

                                                     ........................
Lowest price paid*                                   164 GBP

                                                     ........................
Total number of securities sold                      0

                                                     ........................
Highest price received*                              0 GBP

                                                     ........................
Lowest price paid*                                   0 GBP





                                                                                                  FORM 38.5

                                      CONNECTED EXEMPT MARKET-MAKERS:

                   DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in             LOGICA PLC ..........                                        (name of company)

Class of Security      CONTRACT FOR DIFFERENCE

                       ...........................................................................
Expiry                 22-Aug- 03

                       ...........................................................................
Client                 BOUGHT TO OPEN

                       ...........................................................................
Date of disclosure     25-Nov-02

                       ...............................................................
Date of dealing        22-Nov-02

                       ...............................................................
Name of EMM            UBS WARBURG ........................................................................
                       ...

Name of offeree / offeror with whom connected                   LOGICA PLC

                                                                ....................................
Total Number of securities bought                    0

                                                     ........................
Highest price paid*                                  0 GBP

                                                     ........................
Lowest price paid*                                   0 GBP

                                                     ........................
Total number of securities sold                      80,096

                                                     ........................
Highest price received*                              165.79 GBP

                                                     ........................
Lowest price paid*                                   165.79 GBP



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

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