Rule 8.3 - Hargreaves Services plc

                                                                            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)                  |OCTOPUS INVESTMENTS LIMITED|
+--------------------------------------------------+---------------------------+
|Company dealt in                                  |Hargreaves Services plc    |
|                                                  |                           |
|                                                  |                           |
+--------------------------------------------------+---------------------------+
|Class of relevant security to which the dealings  |Ordinary                   |
|being disclosed relate (Note 2)()                 |                           |
+--------------------------------------------------+---------------------------+
|Date of dealing                                   |12 April 2010              |
+--------------------------------------------------+---------------------------+
 
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   |699741                                    |                                              |
|             |                                          |                                              |
|             |                   2.63%                  |                                              |
|             |                                          |                                              |
|             |                                          |                                              |
+-------------+------------------------------------------+----------------------------------------------+
|(2)          |                                          |                                              |
|Derivatives  |                                          |                                              |
|(other   than|                                          |                                              |
|options)     |                                          |                                              |
|             |                                          |                                              |
+-------------+------------------------------------------+----------------------------------------------+
|(3) Options  |                                          |                                              |
|and          |                                          |                                              |
|agreements to|                                          |                                              |
|purchase/sell|                                          |                                              |
|             |                                          |                                              |
+-------------+------------------------------------------+----------------------------------------------+
|Total        |699741                                    |                                              |
|             |                                          |                                              |
|             |                  2.63%                   |                                              |
|             |                                          |                                              |
+-------------+------------------------------------------+----------------------------------------------+
 
(b)       Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 3)
 
+-------------+------------------------------------------+----------------------------------------------+
|Class of     |                   Long                   |                    Short                     |
|relevant     |                                          |                                              |
|security:    |                                          |                                              |
|             |                                          |                                              |
+-------------+------------------------------------------+----------------------------------------------+
|             |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)() |
|               |                      |                           |
+---------------+----------------------+---------------------------+
| SALE          | 200                  | 6.65                      |
+---------------+----------------------+---------------------------+
 
(b)       Derivatives transactions (other than options)
 
+-------------+---------------------+-----------------------+------------------+
|Product name,|Long/short (Note 6)()|Number of securities   |Price per unit    |
|e.g. CFD     |                     |(Note 7)()             |(Note 5)          |
+-------------+---------------------+-----------------------+------------------+
|             |                     |                       |                  |
|             |                     |                       |                  |
+-------------+---------------------+-----------------------+------------------+
 
(c)        Options transactions in respect of existing securities
(i)         Writing, selling, purchasing or varying
 
+---------+-------------+------------+--------+----------+------+--------------+
|Product  |Writing,     |Number of   |Exercise|Type, e.g.|Expiry|Option money  |
|name,    |selling,     |securities  |price   |American, |date  |paid/received |
|e.g. call|purchasing,  |to which the|        |European  |      |per unit (Note|
|option   |varying etc. |option      |        |etc.      |      |5)            |
|         |             |relates     |        |          |      |              |
|         |             |(Note 7)()  |        |          |      |              |
+---------+-------------+------------+--------+----------+------+--------------+
|         |             |            |        |          |      |              |
+---------+-------------+------------+--------+----------+------+--------------+
 
(ii)        Exercising
 
+----------------------------+--------------------+----------------------------+
|Product   name,   e.g.  call|Number of securities|Exercise   price   per  unit|
|option                      |                    |(Note 5)                    |
|                            |                    |                            |
+----------------------------+--------------------+----------------------------+
|                            |                    |                            |
|                            |                    |                            |
+----------------------------+--------------------+----------------------------+
 
(d)       Other dealings (including new securities) (Note 4)
( )
+--------------------------------+-------+-------------------------------------+
|Nature of transaction (Note 8)()|Details|Price per unit (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.                                                                    |
+------------------------------------------------------------------------------+
|                                                                              |
|                                                                              |
|                                                                              |
+------------------------------------------------------------------------------+
 
Is         a         Supplemental         Form         8 attached?         (Note
9)                                                              YES/NO
 
+----------------------------------------------------------------+-------------+
|Date of disclosure                                              |13 April 2010|
+----------------------------------------------------------------+-------------+
|Contact name                                                    |Jon Coppen   |
+----------------------------------------------------------------+-------------+
|Telephone number                                                |020 7776 8676|
+----------------------------------------------------------------+-------------+
|If a connected EFM, name of offeree/offeror with which connected|             |
+----------------------------------------------------------------+-------------+
|If a connected EFM, state nature of connection (Note 10)()      |             |
+----------------------------------------------------------------+-------------+
 
Notes
 
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk <http://www.thetakeoverpanel.org.uk/>
 
[HUG#1403228]