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Revised Banking Facility

10th Apr 2007 09:32

SMG PLC10 April 2007 Announcement of Revised Banking Facility SMG plc ("SMG") announces that it has finalised negotiations on an amendedbanking facility of £193m with its syndicate of lenders, led by Royal Bank ofScotland. The new arrangements represent an amendment of SMG's existing facility,including revised covenants, and an increase in interest margin of 0.75%. Thefacility lasts until 30 September, 2008. The amended facility waives thecovenant test that had been in place at 31 December, 2006. Further enquiries: James Hogan/Ash SpiegelbergBrunswick020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange

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