MKD Marakand

RNS Number:4308G
Canaccord Adams Limited
26 October 2007



                 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                              CANACCORD ADAMS LIMITED

Company dealt in                                             MARAKAND MINERALS LIMITED

Class of relevant security to which the dealings being       ORD 0.1p
disclosed relate (Note 1)

Date of dealing                                              25 Oct 2007




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                            8,651 0.01     0      0
(2) Derivatives (other than options)               0     0        0      0
(3) Options and agreements to purchase/sell        0     0        0      0
                                           Total   8,651 0.01     0      0


(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                            0       0      0      0
(2) Derivatives (other than options)               0       0      0      0
(3) Options and agreements to purchase/sell        0       0      0      0
                                           Total   0       0      0      0


(c)                Rights to subscribe (Note 2)

Class of relevant security:                                   Details
n/a                                                           n/a



3. DEALINGS (Note 3)


(a) Purchases and sales

Purchase/sale    Number of securities          Price per unit (Note 4)
NONE             NIL                           n/a



(b) Derivatives transactions (other than options)

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





(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

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



(ii) Exercising

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

n/a                           n/a                 n/a


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

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







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                             26 Oct 2007

Contact name                                   Neil BOLTON

Telephone number                               020 7050 6500

Name of offeree with which connected           Marakand Minerals Limited

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

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