Franklin Resources, Inc. has disclosed a 4.22% interest in Barratt Developments plc, representing 41,097,323 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, also includes dealings in Barratt Developments plc's securities. Franklin Resources, Inc. purchased 172 ordinary shares at 4.71 GBP per unit and sold 89,009 ordinary shares at the same price. Additionally, there was a transfer in of discretionary holdings of 11 ADR (1:2) at an undisclosed price.

The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The contact person for the disclosure is Cathy Johnson, reachable at 954-527-7580 or [email protected]. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.