15th Sep 2006 15:53
Countrywide PLC15 September 2006 Not for release, publication or distribution in or into Canada, Australia orJapan PRESS ANNOUNCEMENT FOR IMMEDIATE RELEASE 15 September 2006 COUNTRYWIDE PLC ("COUNTRYWIDE" OR THE "COMPANY") Further to the announcement by 3i Investments plc dated 13 September 2006, theBoard of Countrywide confirms that it has now received a proposal from 3iInvestments plc. An independent committee of the Board, comprising thenon-executive directors of Countrywide, has been formed to consider thisproposal. Hawkpoint Partners Limited has been appointed as financial adviser tothe Company. A further announcement will be made as appropriate. Hawkpoint Partners Limited, which is authorised and regulated in the UnitedKingdom by the Financial Services Authority, is acting exclusively forCountrywide and no-one else in connection with the proposal and will not beresponsible to anyone other than Countrywide for providing the protectionsafforded to clients of Hawkpoint Partners Limited nor for providing advice inrelation to the proposal. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CWD.L