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McAlpine - Letter of Intent

19th Oct 2007 07:00

Schroders PLC19 October 2007 Schroders Plc / Schroder Investment Management Limited Schroder Investment Management Limited announces that it has sent a non-bindingletter of intent to Carillion plc to accept, if made, a possible offer byCarillion at a value of 570 pence for each McAlpine Share. The letter of intent relates to 10,582,615 ordinary McAlpine shares held bySchroder Investment Management Limited (on our own behalf and on behalf ofdiscretionary clients), representing in total approximately 10.32% per cent. ofMcAlpine's issued share capital. The letter will lapse if a formal announcementof an offer (on these or substantially the same terms) is not released by 1December, 2007. In addition, the letter will also cease to apply to shares whichare disposed of by the holder. 19 0ctober 2007 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

SchrodersCarillion Plc
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