NH Lewis - Closure of Offers

Regulatory Announcement Go to market news section Company N H Lewis TIDM TTM Headline Offer Update - Dartmoor Investment Trust Released 18:26 07-Feb-06 Number AFXUK30961 FOR IMMEDIATE RELEASE 7 February 2006 Not for release, publication or distribution, in whole or in part, in, into or from the United States, Canada, Japan, Australia or any other jurisdiction where it would be unlawful to do so OFFERS BY MR NICHOLAS HOWARD LEWIS FOR SHARES IN DARTMOOR INVESTMENT TRUST PLC - ANNOUNCEMENT OF ACCEPTANCE LEVELS AND CLOSURE OF THE OFFERS ANNOUNCEMENT OF ACCEPTANCE LEVELS At 3.00 p.m. on 7 February 2006 I had received acceptances for the Offers that were complete in all respects as follows: Voting Deferred Shares 7,089 (14.55%) Non-Voting Ordinary Shares 3,011 (7.81%) Preference Shares 2,811,512 (7.81%) Of these acceptances, none were received in respect of Shares which were subject to an irrevocable commitment or a letter of intent procured by me or any associate of mine, and those in respect of 2,693 Voting Deferred Shares and 1,993 Non-Voting Ordinary Shares were received from other Concert Parties. There were no shares acquired by any of the Concert Parties during the course of the Offer Period the purchase of which was complete in all respects at 3.00 p.m. on 7 February 2006. The interests as at 3.00 p.m. on 7 February 2006 of myself and the other Concert Parties in Shares were: Voting Deferred Shares 30,565 (62.75%) Non-Voting Ordinary Shares 26,561 (68.86%) Preference Shares 23,295,247 (64.71%) The excess, over the acceptances set out above (excluding those from other Concert Parties), of the difference between the interests of myself and the other Concert Parties in Shares as at 3.00 p.m. on 7 February 2006 and those set out in the Offer Document is represented by acceptances and purchases by me since the finalisation of the Offer Document that were not complete in all respects as at 3.00 p.m. on 7 February 2006, as follows: Voting Deferred Shares 528 (1.08%) Non-Voting Ordinary Shares - - Preference Shares 35,900 (0.10%) In addition, the interests of myself and the other Concert Parties in Shares, both as set out in the Offer Document and as at 3.00 p.m. on 7 February 2006 as set out above, included 251 Voting Deferred Shares purchased prior to the commencement of the Offer Period, the purchase of which was not complete in all respects as at 3.00 p.m. on 7 February 2006. There is no acceptance condition to be satisfied, the Offers all being wholly unconditional when made. CLOSURE OF THE OFFERS I announced on 31 January that all the Offers would remain open for acceptance until 3.00 p.m. on 7 February 2006. Further to that announcement, all the Offers closed at 3.00 p.m. on 7 February 2006. None of the Offers are being extended beyond then. Defined terms used in this announcement shall have the same meaning as is attributed to them in the Offer Document and the Form of Acceptance. Enquiries: Nicholas Lewis Tel 07762 428894 This announcement does not constitute an offer or an invitation to purchase or subscribe for any securities. Any acceptance or response to the Offers should be made only on the basis of the information contained in the Offer Document. This announcement constitutes a communication by a single individual in respect of a transaction falling within Article 62 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. A transaction falls within Article 62 if, inter alia, the transaction is one to acquire shares in a body corporate other than an open-ended investment company or is entered into for the purposes of such an acquisition and the object of the transaction may reasonably be regarded as being the acquisition of day to day control of the affairs of the body corporate. N H Lewis London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply. ©2006 London Stock Exchange plc. All rights reserved

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