Rule 8.1- Horizon Technology

RNS Number:8704R
J & E Davy
08 April 2008


                                                                FORM 8.1/8.3


                              IRISH TAKEOVER PANEL

 Lodge with the Irish Stock Exchange (Company Announcements Office) (which will
 publicise) and the Panel. Use separate form for each class of securities in 
                             which dealings have been made.


                          Date of Disclosure:   8 April 2008



             DISCLOSURE UNDER RULE 8.1(a), 8.1(b)(I) and 8.3 OF 
          THE IRISH TAKEOVER PANEL ACT 1997, (TAKEOVER) RULES, 1997




Date of Dealing:    28 March 2008


Dealing in  HORIZON TECHNOLOGY GROUP PLC -  Ordinary Shares


(1)    Class of Securities (e.g. ordinary shares)         Ordinary shares


(2)


Amount bought                       Amount sold              Price per unit
-                                   25,300                   Euro1.03




(3)    Resultant total of the same class owned      7,743,304 ordinary shares
       or controlled (and percentage of class)      or 9.41%



(4)    Party making disclosure      J&E Davy




(5)    EITHER (a)  Name of purchaser/vendor                    J&E Davy
       OR     (b)  If dealing for discretionary client(s),
                   name of fund management Organisation




(6)    Reason for disclosure


       (a)    (I)   offeror or associate of offeror      N    (delete as approp)
              (II)  offeree or associate of offeree      Y    (delete as approp)



       Specify which category or categories of associate ((a) to (l) page 3/4)

       If category (l) explain



       (b)    Rule 8.3 (i.e. disclosure because of ownership or control of 1% 
              or more of the class of relevant securities dealt in)       N



Signed, for and on behalf of the party named in (4) above   
                                            ___________________________
(Also print name of signatory)              Mark Smyth


Telephone and extension number              6149063



This announcement has been issued through the Companies Announcement Service of
                           The Irish Stock Exchange.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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