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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___________)*
British Energy Group plc
--------------------------------------------------------------------------------
(Name of Issuer)
Ordinary Shares 10p each
--------------------------------------------------------------------------------
(Title of Class of Securities)
GB00B04QKW59 (ISIN Number)
--------------------------------------------------------------------------------
(CUSIP Number)
January 17, 2005
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following pages)
Page 1 of 28 Pages
Exhibit Index Found on Page 27
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Partners, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 7,967,840 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
7,967,840 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
7,967,840 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.4% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
PN
------------====================================================================
Page 2 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 6,386,860 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
6,386,860 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
6,386,860 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.1% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
PN
------------====================================================================
Page 3 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners II, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 788,468 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
788,468 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
788,468 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
0.1% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
PN
------------====================================================================
Page 4 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners III, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 682,779 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
682,779 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
682,779 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
0.1% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
PN
------------====================================================================
Page 5 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tinicum Partners, L.P.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
New York
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 226,638 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
226,638 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
226,638 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
0.0% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
PN
------------====================================================================
Page 6 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Management, L.L.C.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 13,663,773 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
13,663,773 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
13,663,773 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
2.4% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IA, OO
------------====================================================================
Page 7 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Partners, L.L.C.
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 16,052,585 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
16,052,585 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
16,052,585 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
2.9% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
OO
------------====================================================================
Page 8 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Chun R. Ding
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 9 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph F. Downes
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 10 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Duhamel
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 11 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Charles E. Ellwein
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 12 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Richard B. Fried
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 13 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Monica R. Landry
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 14 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Mellin
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 15 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stephen L. Millham
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 16 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Rajiv A. Patel
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 17 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Derek C. Schrier
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 18 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas F. Steyer
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 19 of 28 Pages
13G
======================
CUSIP No. GB00B04QKW59
======================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mark C. Wehrly
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing may be
deemed the beneficial owners of an aggregate of
29,716,358 Ordinary Shares, which is 5.3% of the
class of securities. The reporting person on this
cover page, however, may be deemed the beneficial
owner only of the securities reported by it on this
cover page. [See Preliminary Note]
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
-0-
NUMBER OF ------------============================================
SHARED VOTING POWER
SHARES 6
BENEFICIALLY 29,716,358 Ordinary Shares
OWNED BY [See Preliminary Note]
------------============================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------============================================
SHARED DISPOSITIVE POWER
8
29,716,358 Ordinary Shares
[See Preliminary Note]
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
29,716,358 Ordinary Shares [See Preliminary Note]
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.3% [See Preliminary Note]
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 20 of 28 Pages
Preliminary Note: The Reporting Persons (as defined below) are filing
this Schedule 13G with respect to the Ordinary Shares, 10p each, (the "Ordinary
Shares") of British Energy Group plc (the "Company"). Certain of the Reporting
Persons own, in aggregate, 29,702,183 Ordinary Shares. In addition, certain of
the Reporting Persons own, in aggregate, Warrants issued by the Company
("Warrants") which are immediately exercisable for an aggregate of 14,175
Ordinary Shares. If all of such Warrants were exercised, the Reporting Persons
would own, in aggregate, 29,716,358 Ordinary Shares. All numbers and percentages
contained in this Schedule 13G represent Ordinary Shares and not Warrants
(unless stated otherwise). For information regarding the Warrants, see the
Company's Form 6-K filed by the Company with the SEC on January 26, 2005.
Item 1. Issuer
------
(a) Name of Issuer:
--------------
British Energy Group plc
(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
3 Redwood Crescent, Peel Park, East Kilbride, G74 5PR, United
Kingdom
Item 2. Identity And Background
-----------------------
Title Of Class Of Securities And CUSIP Number (Item 2(d) and (e))
----------------------------------------------------------------
This statement relates to Ordinary Shares, 10p each, of the Company.
The ISIN number of the Ordinary Shares is GB00B04QKW59.
Name Of Persons Filing, Address Of Principal Business Office And
----------------------------------------------------------------
Citizenship (Item 2(a), (b) and (c))
------------------------------------
This statement is filed by the entities and persons listed below, all
of whom together are referred to herein as the "Reporting Persons."
Page 21 of 28 Pages
The Partnerships
----------------
(i) Farallon Capital Partners, L.P., a California limited
partnership ("FCP"), with respect to the Ordinary
Shares beneficially owned by it through its ownership
of Ordinary Shares and Warrants;
(ii) Farallon Capital Institutional Partners, L.P., a
California limited partnership ("FCIP"), with respect
to the Ordinary Shares beneficially owned by it through
its ownership of Ordinary Shares and Warrants;
(iii) Farallon Capital Institutional Partners II, L.P., a
California limited partnership ("FCIP II"), with
respect to the Ordinary Shares beneficially owned by it
through its ownership of Ordinary Shares and Warrants;
(iv) Farallon Capital Institutional Partners III, L.P., a
Delaware limited partnership ("FCIP III"), with respect
to the Ordinary Shares beneficially owned by it through
its ownership of Ordinary Shares and Warrants; and
(v) Tinicum Partners, L.P., a New York limited partnership
("Tinicum"), with respect to the Ordinary Shares
beneficially owned by it through its ownership of
Ordinary Shares and Warrants.
FCP, FCIP, FCIP II, FCIP III and Tinicum are together referred to
herein as the "Partnerships."
The Management Company
----------------------
(vi) Farallon Capital Management, L.L.C., a Delaware limited
liability company (the "Management Company"), with
respect to the Ordinary Shares beneficially owned by
certain accounts managed by the Management Company (the
"Managed Accounts") through their ownership of Ordinary
Shares and Warrants.
The General Partner Of The Partnerships
---------------------------------------
(vii) Farallon Partners, L.L.C., a Delaware limited liability
company which is the general partner of each of the
Partnerships (the "General Partner"), with respect to
the Ordinary Shares beneficially owned by each of the
Partnerships through their ownership of Ordinary Shares
and Warrants;
The Managing Members Of the General Partner And The Management Company
----------------------------------------------------------------------
(viii) The following persons who are managing members of both
the General Partner and the Management Company, with
respect to the Ordinary Shares beneficially owned by
the Partnerships and the Managed Accounts: Chun
Page 22 of 28 Pages
R. Ding ("Ding"), Joseph F. Downes ("Downes"), William
F. Duhamel ("Duhamel"), Charles E. Ellwein ("Ellwein"),
Richard B. Fried ("Fried"), Monica R. Landry
("Landry"), William F. Mellin ("Mellin"), Stephen L.
Millham ("Millham"), Rajiv A. Patel ("Patel"), Derek C.
Schrier ("Schrier"), Thomas F. Steyer ("Steyer") and
Mark C. Wehrly ("Wehrly").
Ding, Downes, Duhamel, Ellwein, Fried, Landry, Mellin, Millham, Patel,
Schrier, Steyer and Wehrly are together referred to herein as the "Individual
Reporting Persons."
The citizenship of each of the Partnerships, the General Partner and
the Management Company is set forth above. Each of the Individual Reporting
Persons is a United States citizen. The address of the principal business office
of each of the Reporting Persons is c/o Farallon Capital Management, L.L.C., One
Maritime Plaza, Suite 1325, San Francisco, California 94111.
Item 3. If This Statement Is Filed Pursuant To Sections 240.13d-1(b) or
---------------------------------------------------------------
240.13d-2(b) or (c), Check Whether The Person Filing Is An Entity
-----------------------------------------------------------------
Specified in (a) - (j):
-----------------------
Not Applicable.
If This Statement Is Filed Pursuant To Section 240.13d-1(c), Check This
-----------------------------------------------------------------------
Box. [X]
----
Item 4. Ownership
---------
The information required by Items 4(a) - (c) and set forth in Rows 5
through 11 of the cover page for each Reporting Person hereto is incorporated
herein by reference for each such Reporting Person.
The Ordinary Shares reported hereby for the Partnerships are
beneficially owned by the Partnerships and those reported by the Management
Company on behalf of the Managed Accounts are beneficially owned by the Managed
Accounts through their ownership of Ordinary Shares and Warrants. The General
Partner, as general partner to the Partnerships, may be deemed to be the
beneficial owner of all such Ordinary Shares beneficially owned by the
Partnerships through their ownership of Ordinary Shares and Warrants. The
Management Company, as investment adviser to the Managed Accounts, may be deemed
to be the beneficial owner of all such Ordinary Shares beneficially owned by the
Managed Accounts through their ownership of Ordinary Shares and Warrants. The
Individual Reporting Persons, as managing members of both the General Partner
and the Management Company, may each be deemed to be the beneficial owner of all
such Ordinary Shares beneficially owned by the Partnerships and the Managed
Accounts through such entities' ownership of Ordinary Shares and Warrants. Each
of the Management Company, the General Partner and the Individual Reporting
Persons hereby disclaims any beneficial ownership of any such Ordinary Shares.
Page 23 of 28 Pages
Item 5. Ownership Of Five Percent Or Less Of A Class
--------------------------------------------
Not Applicable.
Item 6. Ownership Of More Than Five Percent On Behalf Of Another Person
---------------------------------------------------------------
Not Applicable.
Item 7. Identification And Classification Of The Subsidiary Which Acquired The
----------------------------------------------------------------------
Security Being Reported On By The Parent Holding Company
--------------------------------------------------------
Not Applicable.
Item 8. Identification And Classification Of Members Of The Group
---------------------------------------------------------
The Reporting Persons are filing this Schedule 13G pursuant to
Rule 13d-1(c). Consistent with Item 2 of the cover page for each
Reporting Person above, the Reporting Persons neither disclaim nor
affirm the existence of a group among them.
Item 9. Notice Of Dissolution Of Group
------------------------------
Not Applicable.
Item 10. Certification
-------------
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.
Page 24 of 28 Pages
SIGNATURES
----------
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: January 27, 2005
/s/ Monica R. Landry
----------------------------------------
FARALLON PARTNERS, L.L.C.,
on its own behalf and as General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.,
And TINICUM PARTNERS, L.P.
By Monica R. Landry,
Managing Member
/s/ Monica R. Landry
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.,
By Monica R. Landry,
Managing Member
/s/ Monica R. Landry
----------------------------------------
Monica R. Landry, individually and as attorney-in-fact for
each of Chun R. Ding, Joseph F. Downes,
William F. Duhamel, Charles E. Ellwein, Richard B. Fried,
William F. Mellin, Stephen L. Millham, Rajiv A. Patel,
Derek C. Schrier, Thomas F. Steyer and Mark C. Wehrly.
The Powers of Attorney, each executed by Joseph F. Downes, William F.
Duhamel, Richard B. Fried, William F. Mellin, Stephen L. Millham, Thomas F.
Steyer and Mark C. Wehrly authorizing Monica R. Landry to sign and file this
Schedule 13G on each person's behalf, which were filed with Amendment No. 2 to
the Schedule 13D filed with the Securities and Exchange Commission on July 16,
2003, by such Reporting Persons with respect to the Common Stock of New World
Restaurant Group, Inc., are hereby incorporated by reference. The Powers of
Attorney executed by each of Chun R. Ding and Derek C. Schrier authorizing
Monica R. Landry to sign and file this Schedule 13G on his behalf, which was
filed with Amendment No. 1 to the Schedule 13D filed with the Securities and
Exchange Commission on July 2, 2003, by such Reporting Person with respect to
the Common Stock of Salix Pharmaceuticals, Ltd., is hereby incorporated by
reference. The Powers of Attorney executed by each of Charles E. Ellwein and
Rajiv A. Patel authorizing Landry to sign and file this Schedule
Page 25 of 28 Pages
13G on his behalf, which was filed with Amendment No. 4 to the Schedule 13G
filed with the Securities and Exchange Commission on January 8, 2004 by such
Reporting Person with respect to the Common Stock of Catalytica Energy Systems,
Inc., is hereby incorporated by reference.
Page 26 of 28 Pages
EXHIBIT INDEX
EXHIBIT 1 Joint Acquisition Statement Pursuant to Section
240.13d1(k)
Page 27 of 28 Pages
EXHIBIT 1
to
SCHEDULE 13G
JOINT ACQUISITION STATEMENT
PURSUANT TO SECTION 240.13d-1(k)
--------------------------------
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him, her or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other entities or persons, except to the extent that he, she or
it knows or has reason to believe that such information is inaccurate.
Dated: January 27, 2005
/s/ Monica R. Landry
----------------------------------------
FARALLON PARTNERS, L.L.C.,
on its own behalf and as General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.,
And TINICUM PARTNERS, L.P.,
By Monica R. Landry,
Managing Member
/s/ Monica R. Landry
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.,
By Monica R. Landry,
Managing Member
/s/ Monica R. Landry
----------------------------------------
Monica R. Landry, individually and as attorney-in-fact for
each of Chun R. Ding, Joseph F. Downes,
William F. Duhamel, Charles E. Ellwein, Richard B. Fried,
William F. Mellin, Stephen L. Millham, Rajiv A. Patel,
Derek C. Schrier, Thomas F. Steyer and Mark C. Wehrly.
Page 28 of 28 Pages