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Notes 1-5

For the half year ended 30 June 2008

3. Currency conversion

The reporting currency of the Group is the pound sterling and the unaudited condensed consolidated interim financial statements have been prepared on this basis.

The 2008 unaudited condensed consolidated interim income statement is prepared using, among other currencies, average exchange rates of US$1.9743 to the pound sterling (period ended 30 June 2007: US$1.9703; year ended 31 December 2007: US$2.0019) and €1.2908 to the pound sterling (period ended 30 June 2007: €1.4822; year ended 31 December 2007: €1.4619). The unaudited condensed consolidated interim balance sheet as at 30 June 2008 has been prepared using the exchange rates on that day of US$1.9908 to the pound sterling (30 June 2007: US$2.0071; 31 December 2007: US$1.9827) and €1.2651 to the pound sterling (30 June 2007: €1.4826; 31 December 2007: €1.3598).

The basis for calculating the constant currency percentage changes, shown on the face of the unaudited condensed consolidated interim income statement, is described in the Glossary.