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                                    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              Forth Ports Plc

Class of relevant security    Ordinary Shares
to which the dealings being
disclosed relate (Note 2)
Date of dealing               10 March 2010
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         999,516
securities           (2.19%)

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total                999,516
                     (2.19%)

(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)
                                                 [all in GBP]

Purchase           37,065                        13.9987 GBP
Purchase           13,731                        13.9686 GBP
Purchase           15,954                        13.9594 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                         11 March 2010
Contact name                               Tracey Young
Telephone number                           020 7777 0424
If a connected EFM, name of                Northstream
offeree/offeror with which connected
If a connected EFM, state nature of        J.P.Morgan Cazenove Limited, an
connection (Note 10)                       affiliate of JPMorgan Asset
                                           Management, is acting as
                                           financial adviser to
                                           Northstream Consortium,
                                           consisting of Arcus
                                           Infrastructure, RREEF
                                           Infrastructure and Peel
                                           Holdings.