HOR Horizon Tech.

RNS Number:1235Q
Sterling Strategic Value Limited
14 March 2008



                                  Date of Disclosure 14/03/2008

           DISCLOSURE UNDER RULE 8.1(a), 8.1(b)(i) and 8.3 OF THE IRISH 
                  TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2001

Date of Dealing                                     13/03/2008

Dealing in (name of company)                        HORIZON TECHNOLOGY GROUP PLC

1)  Class of securities (e.g. ordinary shares)      ORDINARY SHARES OF Euro0.07

2)  Amount bought                Amount sold             Price per unit

                                 176,000                 Euro0.97


3)  Resultant total of the same class owned or controlled 
    (and percentage of class)   703,000                 (0.85%)


4) Party making disclosure

STERLING STRATEGIC VALUE LIMITED


5)  EITHER (a) Name of vendor (Note 1)    
     
    STERLING STRATEGIC VALUE LIMITED


6)  Reason for disclosure (Note 2)                                     
    (a) (i)  offeror or associate of offeror (Note 3)            NO
        (ii) offeree or associate of offeree                     NO

Specify which category or categories of associate ((a) to (f) page 3/4) 

If category (f), explain

     (b)  Rule 8.3 (i.e. disclosure because of ownership or control of 1% 
          or more of the class of relevant securities dealt in)  YES

Signed, for and on behalf of the party named in (4) above  N/A  

(Also print name of signatory)

PETER RANGER - COMPANY SECRETARY


Telephone and extension number

+377  93 106140


Note 1.  Specify owner, not nominee or vehicle company.  If relevant, also 
         identify controller of owner, e.g. where an owner normally acts on 
         instructions of a controller.

Note 2.  Disclosure might be made for more than one reason; if so, state all 
         reasons.

Note 3.  Specify which offeror if there is more than one.

Note 4.  When an arrangement exists with any offeror, with the offeree company 
         or with an associate of any offeror or of the offeree company 
         in relation to relevant securities, details of such arrangement must 
         be disclosed, as required by Rule 8.7.

Note 5.  It may be necessary, particularly when disclosing derivative 
         transactions, to append a sheet to this disclosure form so that all
         relevant information can be given.

Note 6.  In the case of an average price bargain, each underlying trade 
         should be disclosed.

Note 7.  Unless otherwise stated, references to Rules are to Rules in Part B of 
         the Rules.

Note 8.  "Stock Exchange": see definition in Rule 2.1(a) of Part A.

For full details of disclosure requirements, see Rule 8.  If in doubt, 
consult the Panel.





                      This information is provided by RNS
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