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Purchase of Own Shares

29th Apr 2008 17:35

Chime Communications PLC29 April 2008 29 April 2008 Chime Communications plc ("Chime" or the "Company") Purchase of Own Shares Chime has today purchased 1,347,842 ordinary shares of 5 pence each in thecapital of the Company at a price of 31.75 pence per share, all of which areinitially to be held in treasury. These shares represent approximately 0.51 percent. of Chime's current issued ordinary share capital. Following the repurchase, 3,664,002 ordinary shares of 5 pence each arecurrently held by Chime in treasury and 262,711,200 ordinary shares of 5 penceeach (excluding shares held in treasury) are currently in issue. It is proposed that the shares repurchased will be transferred to the vendors ofVCCP Limited in partial satisfaction of the deferred consideration as referredto in the Company's preliminary results announcement of 11 March 2008. -ends-Enquiries to:For further information please contact:Lord Bell, Chairman Tel: 020 7861 8515 Chime Communications plcMark Smith, Finance Director Tel: 020 7861 8515Chime Communications plc This information is provided by RNS The company news service from the London Stock Exchange

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