RNS Number:6616H
Rabobank International London Brnch
13 November 2007



                                                                    FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE    
                        (Rule 8.3 of the Takeover Code)                         

 

1. KEY INFORMATION                         

 
Name of person dealing (Note 1)        Rabobank International London Branch

Company dealt in                       QXL RICARDO PLC                   

Class of relevant security to which    QXL RICARDO PLC   GB00B1HHK885                   
the dealings being disclosed relate                       
(Note 2)                                                  

Date of dealing                        09/11/07                   

 


2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

 
                                              Long                  Short      
                                        Number         (%)     Number      (%) 

(1) Relevant securities                 568,000        1.23%

(2) Derivatives (other than options)                           568,000     1.23%              

(3) Options and agreements to                           
purchase/sell                                           

Total                                   568,000        1.23%   568,000     1.23%              

 


(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)

 
Class of relevant security:                   Long                  Short      
                                        Number         (%)     Number        (%) 

(1) Relevant securities                                  

(2) Derivatives (other than options)                                                 

(3) Options and agreements to                            
purchase/sell                                            

Total                                                    

 

(c) Rights to subscribe (Note 3)

 
Class of relevant security:            Details                          

                                                          

 

3. DEALINGS (Note 4)

(a) Purchases and sales

Purchase/sale       Number of securities        Price per unit (Note 5)             
                                                        
Purchase            568,000         1.23%       1549p

 

 

(b) Derivatives transactions (other than options)

 
Product                   Long/short      Number of        Price per    
name, e.g.                (Note 6)        securities       unit (Note 5)
CFD                                       (Note 7)                            
                          
Total Return Swap         Short           568,000          1549p
                          
                                                        
                                                        

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying
 
Product     Writing,      Number of    Exercise   Type,      Expiry  Option  
name,e.g.   selling,      securities   price      e.g.       date    money   
call        purchasing,   to which                American,          paid/   
option      varying       the option              European           received
            etc.          relates                 etc.               per unit
                          (Note 7)                                   (Note 5)
                                                                   



 

(ii) Exercising
 
Product name,           Number of         Exercise price per unit 
e.g. call option        securities        (Note 5)                

                                                        


 

(d) Other dealings (including new securities) (Note 4)

 
Nature of transaction   Details         Price per unit 
(Note 8)                                (if applicable)
                                        (Note 5)       
                                                       



 

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 8 attached? (Note 9)       NO
 

 
Date of disclosure                                13/11/2007     
                                                         
Contact name                                      Andrew Docker/Adam Forsyth
                                                         
Telephone number                                  0207 664 9621 / 0207 809 3610
                                                         
If a connected EFM, name of offeree               No
/offeror with which connected                            

If a connected EFM, state nature of               No
connection (Note 10)                                     




Notes

The Notes on Form 8.3 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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