Rule 8.3 - TRADUS PLC

    FORM 8.3
                                        
    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        JPMorgan Asset Management
(Note 1)
Company dealt in              Tradus Plc
Class of relevant security    Ordinary Shares
to which the dealings being
disclosed relate (Note 2)
Date of dealing               25 February 2008



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         786,447 (1.70%)           
securities
   
(2) Derivatives                                
(other than
options)
   
(3) Options and                                
agreements to
purchase/sell
   
Total                786,447 (1.70%)           



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

Class of relevant              Long                      Short
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               44,665                        1,788.76p GBP
                                                 
     
     

(b)  Derivatives transactions (other than options)

Product       Long/short (Note Number of securities     Price per unit
name,         6)               (Note 7)                 (Note 5)
e.g. CFD
                                                        
                                                        
     
     

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product    Writing,     Number of    Exerc   Type, e.g. Expi   Option
name,      selling,     securities   ise     American,  ry     money
e.g. call  purchasing,  to which the price   European   date   paid/receiv
option     varying      option               etc.              ed per unit
           etc.         relates                                (Note 5)
                        (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 Details                Price per unit (if
8)                                                 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.

n/a



Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         26 February 2008
Contact name                               Shoaib Shaikh
Telephone number                           020 7777 0423
If a connected EFM, name of                Tradus Plc
offeree/offeror with which connected
If a connected EFM, state nature of        2
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
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