.
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
                      WITH RECOGNISED INTERMEDIARY STATUS
                     DEALING IN A CLIENT-SERVING CAPACITY
                      (Rule 38.5(a) of the Takeover Code)
1. KEY INFORMATION
Name of exempt principal trader Commerzbank Ag London Branch

Company dealt in                Forth Ports Plc

Class of relevant security to   Ords
which the dealings being
disclosed relate (Note 1)

Date of dealing                 9th March 2010
2. DEALINGS (Note 2)
(a) Purchases and sales
Total number of securities Highest price paid (Note  Lowest price paid (Note 3)
purchased                  3)

0                          n/a                       n/a
Total number of securities Highest price received    Lowest price received
sold                       (Note 3)                  (Note 3)

6857                       14.10 GBP                 14.10 GBP
(b) Derivatives transactions (other than options)
Product name,  Long/short (Note  Number of securities     Price per unit (Note
               4)                (Note 5)                 3)
e.g. CFD

n/a            n/a               n/a                      n/a
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, Writing,    Number of     Exercise Type, e.g. Expiry  Option
              selling,    securities to          American,          money
e.g. call     purchasing, which the     price    European   date
option        varying     option                 etc.               paid/
              etc.        relates (Note                             received
                          5)                                        per unit
                                                                    (Note 3)

n/a           n/a         n/a           n/a      n/a        n/a     n/a
(ii) Exercising
Product name, e.g. call    Number of securities      Exercise price per unit
option                                               (Note 3)

n/a                        n/a                       n/a
3. 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.

None
Date of disclosure                           10th March 2010

Contact name                                 Lisa Carter

Telephone number                             0207 475 5225

Name of offeree/offeror with which connected Forth Ports Plc

Nature of connection (Note 6)                Commerzbank AG London branch is
                                             acting as advisor to the offeree
Notes
The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
                                                                   FORM 38.5(a)
END