EMM Disclosure

RNS Number:9833D
ING Bank N.V. London Branch  (EMM)
19 November 2002

                                 EMM DISCLOSURE

                                                             FORM 38.5 (SUMMARY)

Lodge with a RIS and the Takeover Panel. Use a separate form for each class of
securities in which dealings have been made.



CONNECTED EXEMPT MARKET- MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS



Name of EMM
ING Bank Nv, London Branch

Date of disclosure
19 November 2002

Contact name
Gavin Cutler

Telephone number
0207 767 8941

Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:
Clydeport

AMENDMENT

If the attached Rule 38.5 disclosure is to amend a previous disclosure, please
state which element(s) of previous disclosure was incorrect:




In the case of option business or dealings in derivatives full details should be
given on a separate sheet so that the nature of the dealings can be fully
understood. For options this should include the number of securities under
option, the exercise period (or in the case of exercise, the exercise date), the
exercise price and any option money paid or received. For derivatives this
should include, at least, the number of reference securities to which they
relate (when relevant), the maturity date (or if applicable the closing out
date) and the reference price.

For full details of the disclosure requirements see Rules 8 and 38 of the Code.
If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129.
Email: monitoring@disclosure.org.uk

                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:

DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in (name of company)
Clydeport

Class of security
Ordinary 5p

Date of disclosure
19 November 2002

Date of dealing
18 November 2002

Name of EMM
ING Bank NV, London Branch

Name of offeree/offeror with whom connected
Clydeport

Total number of securities purchased
26,500

Highest price paid*
432.5

Lowest price paid*
428

Total number of securities sold
0

Highest price received*
0

Lowest price received*
0






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END

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