22nd Mar 2006 12:42
Arena Leisure PLC22 March 2006 22 March 2005 Arena Leisure Plc At The Races - Update Settlement of Legal Action Arena Leisure Plc ("Arena"), notes the announcement made by At The Races ("ATR")and the Racecourse Association ("RCA") today. attheraces, the Racecourse Association and the 30 defendant courses "theCourses" are pleased to announce that they have agreed to settle the proceedingscurrently being heard in the High Court. The RCA and the Courses are making acontribution of £1 million to attheraces. attheraces has withdrawn its claimsand the Racecourse Association and the Courses have withdrawn theircounterclaim. The parties are pleased that the matter is settled and wish each other well forthe future. - ends - For further information, please contact: Arena Leisure PlcMark Elliott, Chief Executive 020 7495 2277 Bell Pottinger Corporate & FinancialDavid Rydell / Zoe Sanders 020 7861 3232 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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