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Acquisition

30th Mar 2007 14:04

FirstGroup PLC30 March 2007 FirstGroup plc30 March 2007 FirstGroup plc ("FirstGroup" or the "Company") Proposed Acquisition of Laidlaw International, Inc. Regulatory Conditions - update On 9 February 2007 FirstGroup announced the proposed acquisition of LaidlawInternational, Inc. The Acquisition is conditional upon, amongst other things,the approval of the shareholders of both FirstGroup and Laidlaw and receipt ofnecessary anti-trust approvals in the US and Canada. FirstGroup now announces that it has today voluntarily re-filed its notificationreport under the US Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"). FirstGroup withdrew the HSR Act filing it made on 27 February 2007and re-filed it with the US Department of Justice ("DOJ") in order to provideadditional time for the DOJ to complete its assessment of the Acquisition. Thisis not an unusual step in transactions such as the Acquisition. Accordingly,the waiting period under the HSR Act will now expire on 30 April 2007, unlessthis period is terminated earlier or extended. The Board has no further update on the likely completion date. Terms used in this Announcement shall have the same meanings as set out in theCircular dated 26 March 2007. FirstGroupMoir Lockhead, Chief Executive Tel: +44 (0) 207 291 0505Dean Finch, Finance Director Tel: +44 (0) 207 291 0512Rachael Borthwick, Corporate Communications Director Tel: +44 (0) 207 291 0508 This information is provided by RNS The company news service from the London Stock Exchange

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