FORM 8.1

DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

(Rules 8.1(a) and (b)(i) of the Takeover Code)

 

 

1. KEY INFORMATION

 

Name of person dealing (Note 1)

Peter Lynch

Company dealt in

eircom Group plc

Class of relevant security to which the dealings being disclosed relate (Note 2)

ordinary shares

Date of dealing

14th August 2006

 

 

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

1,292,543ord. Shares @ €0.10

(0.1%)

   

(2) Derivatives (other than options)

       

(3) Options and agreements to purchase/sell

       

Total

1,292,543ord. Shares @ €0.10

(0.1%)

   

 

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

 

Class of relevant security:

Long

 

Short

 

 

Number

(%)

Number

(%)

(1) Relevant securities

4,098 trancheable redeemable

pref. Shares (%)

(1.742%)

   

(2) Derivatives (other than options)

       

(3) Options and agreements to purchase/sell

       

Total

4,098 trancheable redeemable pref. Shares

(1.742%)

   

 

(c) Rights to subscribe (Note 3)

 

Class of relevant security:

Details

ordinary shares

 

219,955 @ €2.205 employee share option plan over ord. Shares.

179,555 @ €0.10 key executive award plan over ord. Shares

 

3. DEALINGS (Note 4)

 

(a) Purchases and sales

 

Purchase/sale

Number of securities

Price per unit (Note 5)

     

 

(b) Derivatives transactions (other than options)

 

Product name, e.g. CFD

 

Long/short (Note 6)

Number of securities (Note 7)

Price per unit (Note 5)

       

 

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product name,e.g. call option

Writing, selling, purchasing, varying etc.

Number of securities to which the option relates (Note 7)

Exercise price

Type, e.g. American, European etc.

Expiry date

Option money paid/received per unit (Note 5)

(ii) Exercising

 

Product name, e.g. call option

Number of securities

Exercise price per unit (Note 5) 

Exercise of options over ord.shares granted in 2004 under the employee share option plan

 

343,287

1.3575 euro

 

(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) NO

 

Date of disclosure

15th August 2006

Contact name

John Mason

Telephone number

00 353 1 701 5631

Name of offeree/offeror with which associated

eircom Group plc

Specify category and nature of associate status (Note 10)

n/a

Notes The Notes on Form 8.1 can be viewed on the Takeover Panel’s website at www.thetakeoverpanel.org.uk


END