1st Oct 2007 16:14
1 October 2007 - Tate & Lyle PLC Completion of Disposal of European Starch Facilities Tate & Lyle PLC is pleased to announce that, following the receipt of Europeanantitrust approvals, the sale of its starch facilities in the UK, Belgium,France, Spain and Italy (together "the business") to Syral SAS (a subsidiary ofTereos of France) has now completed. The signing of the conditional agreement for the sale of the business wasannounced on 18 July 2007. As previously announced, the consideration for thesale is EUR 310 million (£215 million) subject to closing adjustments. ENDS For more information contact Tate & Lyle PLC: Mark Robinson, Director of Investor RelationsTel: 020 7626 6525 or Mobile: 07793 515861 Ferne Hudson, Head of Media and Public RelationsTel: 020 7626 6525 or Mobile: 07713 067433 About Tate & Lyle: Tate & Lyle is a world leading manufacturer of renewable food and industrialingredients. It uses innovative technology to transform corn, wheat and sugarinto value-added ingredients for customers in the food, beverage,pharmaceutical, cosmetic, paper, packaging and building industries. The Companyis a leader in cereal sweeteners and starches, sugar refining, value added foodand industrial ingredients, and citric acid. Tate & Lyle is the world number-onein industrial starches and is the sole manufacturer of SPLENDA(R) Sucralose. Headquartered in London, Tate & Lyle is listed on the London Stock Exchangeunder the symbol TATE.L. In the US its ADRs trade under TATYY. The Companyoperates more than 60 production facilities in 23 countries, throughout Europe,the Americas and South East Asia. In the year to 31 March 2007, it employed6,900 people in its subsidiaries with a further 2,300 employed in jointventures. Sales in the year to 31 March 2007 totalled £4.0 billion. Additionalinformation can be found on http://www.tateandlyle.com. SPLENDA(R) is a trademark of McNeil Nutritionals, LLC Copyright Business Wire 2007Related Shares:
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