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Possible offer for Ottakar's

25th Aug 2005 10:00

HMV Group PLC25 August 2005 25 August 2005 HMV Group plc Possible interest in Ottakar's plc HMV Group notes the announcement by the Board of Ottakar's plc ("Ottakar's" orthe "Company") on 16 August 2005 that it had entered into discussions inrelation to a possible offer being made for the Company by a new company to beformed by private equity investors and certain directors of Ottakar's. HMV Group confirms that it is in preliminary discussions with the committee ofOttakar's independent directors which may or may not lead to an offer being madefor the Company. A further announcement will be made if appropriate. Enquiries: Brunswick:William Cullum / Eilis Murphy - 0207 404 5959 Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the'City Code'), any person who, alone or acting together with any other person(s)pursuant to an agreement or understanding (whether formal or informal) toacquire or control relevant securities of Ottakar's, owns or controls, orbecomes the owner or controller, directly or indirectly, of one per cent. Ormore of any class of securities of Ottakar's is required to disclose, by notlater than 12.00 noon (London time) on the London business day following thedate of the relevant transaction, dealings in such securities of that company(or in any option in respect of, or derivative referenced to, any suchsecurities) during the period to the date on which the offer becomes or isdeclared unconditional as to acceptances or lapses or is otherwise withdrawn. Under the provisions of Rule 8.1 of the City Code, all dealings in relevantsecurities of Ottakar's by the Offeror or Ottakar's, or by any of theirrespective 'associates' (within the meaning of the City Code) must also bedisclosed. If you are in any doubt as to the application of Rule 8 to you, please contactan independent financial adviser authorised under the Financial Services andMarkets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk orcontact the Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013 UBS Limited ("UBS"), which is authorised and regulated by the Financial ServicesAuthority in the UK, is acting for HMV and no one else in connection with thematters referred to in this announcement and will not be responsible to anyperson other than HMV for providing the protections afforded to the clients ofUBS nor for providing advice in connection with the matters referred to in thisannouncement. This announcement does not constitute, or form part of, any offerfor, or any solicitation of any offer for, securities. This information is provided by RNS The company news service from the London Stock Exchange

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