GKN : Form 8.5 (EPT/RI)- Melrose Amendment

This announcement replaces the previous RNS announcement 8005C released at 11:14am on the 24rd January 2018. Amendment made to section 2 (a). All other information remains unchanged

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the Code)

1. KEY INFORMATION

(a) Name of exempt principal trader:	UBS Investment Bank, London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Melrose Industries plc
(c) Name of the party to the offer with which exempt principal trader is connected:	GKN Plc
(d) Date dealing undertaken:	23 January 2018
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state 'N/A'	YES GKN Plc

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
48/7p ordinary	Buy	5194359	2.36410 GBP	2.29600 GBP
48/7p ordinary	Sell	5,889,674	2.325527 USD	2.29600 GBP

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
48/7p ordinary	CFD	Long	108397	2.347451 GBP
48/7p ordinary	CFD	Long	30100	2.332 GBP
48/7p ordinary	CFD	Long	59	2.3368 GBP
48/7p ordinary	CFD	Long	13275	2.34725 GBP
48/7p ordinary	CFD	Long	7261	2.348102 GBP
48/7p ordinary	CFD	Long	129675	2.355 GBP
48/7p ordinary	CFD	Long	726475	2.339283 GBP
48/7p ordinary	CFD	Long	39191	2.34114947 GBP
48/7p ordinary	CFD	Long	18701	2.34554 GBP
48/7p ordinary	CFD	Long	6102	2.34247 GBP
48/7p ordinary	CFD	Long	3142	2.350796 GBP
48/7p ordinary	CFD	Long	2600	2.344218 GBP
48/7p ordinary	CFD	Long	4529	3.27539205 USD
48/7p ordinary	CFD	Short	11468	2.34196808510638 GBP
48/7p ordinary	CFD	Short	2199	2.32524329240564 GBP
48/7p ordinary	CFD	Short	5028	2.321351 GBP
48/7p ordinary	CFD	Short	177961	2.3419682964245 GBP
48/7p ordinary	CFD	Short	25116	2.324529 GBP
48/7p ordinary	CFD	Short	9973	2.322782 GBP
48/7p ordinary	CFD	Short	22042	2.34791942654931 GBP
48/7p ordinary	CFD	Short	21759	2.3273344363252 GBP
48/7p ordinary	CFD	Short	125275	2.343707 GBP
48/7p ordinary	CFD	Short	25719	2.324715 GBP
48/7p ordinary	CFD	Short	7000	2.326283 GBP

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

3. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none '

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state 'none'

None

Date of disclosure:	25 January 2018
Contact name:	Wendy Dent
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.