Schedule 1 - Johnson Service

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME: 

JOHNSON SERVICE GROUP PLC

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

4 Harley Street, London, W1G 9PB

COUNTRY OF INCORPORATION:

England and Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.johnsonplc.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Johnson Service Group provides a range of corporate and retail support services including textile and hospitality services, facilities management and sourcing, and drycleaning.

The Company's textile rental business, comprising Johnsons Apparelmaster and Stalbridge Linen Services, offers a wide range of workwear and linen services, including garment and linen-rental and cleaning.

The facilities management division offers integrated property, building and facilities management services to retail, corporate and public sector clients, managing over £1.2 billion of annual spend across over 50,000 locations throughout the UK and Ireland.

The dry cleaning business, encompassing Johnson Cleaners and Jeeves of Belgravia, is the leading dry cleaning business in the UK. The Company will continue to seek to drive growth through operational improvements and sales and marketing initiatives such as increasing laundry sales, for which there is growing consumer demand, and by optimising its portfolio of outlets. The Company intends to continue to relocate from a number of existing locations and open new outlets in convenient locations. These will include a number of supermarket and drive-in sites.

Operations of the Group are based principally in the UK although there is some exposure to Ireland due to contracts within facilities management. 

Details of the Placing Shares:

For further details of the placing shares please refer to the circular to shareholders dated 11 June 2008 (link: http://www.johnsonplc.com/financial-reports/financial-news/?newsArticle=)

The Placing Shares will be issued credited as fully paid and will, on issue, rank pari passu with the Existing Ordinary Shares (including the right to receive all dividends or other distributions declared, made or paid thereon following Admission) except that the Placing Shares will not carry the right to participate in the Proposed Open Offer, as detailed in the circular to shareholders dated 11 June 2008.

The Placing Shares will therefore temporarily trade on AIM with a separate distinct stock line for the period from Admission to the earlier of the next business day following the Record Date, in relation to the Proposed Open Offer, and 29 August 2008, at which point the Placing Shares will be merged with the stock line of the Existing Ordinary Shares. 

Although the Directors expect to be able to announce the Proposed Open Offer by 29 August 2008 at the latest, in the unlikely event that they are not able to do so the Proposed Open Offer will not proceed. 

The temporary ISIN of the Placing Shares will be GB00B39R5G32. The ISIN of the Existing Ordinary Shares is GB0004762810. Following merger of the two stock lines on the next business day following the Record Date, the ISIN of the Ordinary Shares (including the Placing Shares) will be GB0004762810.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

150,000,000 ordinary shares of 10p each, for further details of the rights attached to the placing shares please see above.

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Capital to be raised on admission by way of the placing shares will be circa £30 million before expenses

Anticipated market capitalisation on admission circa £47.4 million (as at the date of this announcement)

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

15.01% (as at the date of this announcement)

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

NA

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Current and proposed directors:

Simon Patrick Sherrard (Non-Executive Chairman)

John Andrew Talbot (Chief Executive Officer)

Yvonne May Monaghan (Finance Director)

Michael Richard Brock Gatenby (Senior Non-Executive Director)

Baroness Judith Ann Wilcox (Non-Executive Director)

Michael Bernard Del Mar (Non-Executive Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Before Admission

Name Holdings (Percentage of ordinary shares)*

Henderson Global Investors 7.22

Barclays PLC   6.96

Liontrust Asset Management 6.37

Investeringsselskabet Luxor A/S 5.30

MF Global UK Limited 3.97

Credit Agricole Cheuvreux International Limited 3.76

Prudential Plc 3.16

Royal & Sun Alliance Insurance 3.07

*Holdings as at 18 June 2008

After Admission:

Name Holdings (Percentage of ordinary shares)

Cazenove Capital Management 13.79

Danske Bank / Investeringsselskabet Luxor A/S  8.11

Scottish Value Management 5.37

Legal & General Investments 5.37

Henderson Investors 5.32

Framlington Investment Management 4.06

Investec MM 3.64

Morley Fund Management 3.44

J O Hambro Capital Management 3.03

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

NA

ANTICIPATED ACCOUNTING REFERENCE DATE 

DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED

DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

i. 31 December

ii. NA

iii. Following Admission date:

interim accounts to half-year ended 30 June 2008 - 30 September 2008annual accounts to financial year ended 31 December 2008 - 30 June 2009

interim accounts to half-year ended 30 June 2009 - 30 September 2009

EXPECTED ADMISSION DATE:

7 July 2008

NAME AND ADDRESS OF NOMINATED ADVISER:

Investec Investment Banking

A division of Investec Bank (UK) Ltd

2 Gresham Street

London

EC2V 7QP

NAME AND ADDRESS OF BROKER:

Investec Investment Banking

A division of Investec Bank (UK) Ltd

2 Gresham Street

London

EC2V 7QP

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Circular to shareholders posted 11 June 2008 contains details about Johnson Service Group and the placing shares to be admitted:

http://www.johnsonplc.com/financial-reports/financial-news/?newsArticle=

DATE OF NOTIFICATION:

20 June 2008

NEW/ UPDATE:

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