EMM Disclosure

RNS Number:2054F
ING Bank N.V. London Branch  (EMM)
17 December 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

17 December 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

Contract for Difference - Client sell to close

Date of disclosure

17 December 2002

Date of dealing

16 December 2002

Name of EMM

ING Bank NV, London Branch

Name of offeree/offeror with whom connected

Clydeport

Total number of securities purchased

610,000

Highest price paid*

438

Lowest price paid*

438

Total number of securities sold

0

Highest price received*

0

Lowest price received*

0


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

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