Rule 8.1 Horizon Technology

RNS Number:9676R
J & E Davy
09 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:   9th 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:    08th April 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
                -                      700                Euro0.97
     

(3)  Resultant total of the same class owned or controlled (and percentage of 
     class) 7,742,604 ordinary shares or 9.41%

     
(4)  Party making disclosure           J&E Davy

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