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Scheme of arrangement

4th Apr 2008 11:15

Cookson Group PLC04 April 2008 4 April 2008 RECOMMENDED ACQUISITION OF FOSECO PLC BY COOKSON GROUP PLC SCHEME OF ARRANGEMENT BECOMES EFFECTIVE Cookson Group plc ("Cookson") and Foseco plc ("Foseco") are pleased to announcethat, further to Foseco's announcement on 3 April 2008, the Scheme ofArrangement by which the Acquisition is being implemented has now becomeeffective in accordance with its terms. Under the terms of the Scheme, Shareholders on the register of members of Fosecoas at the Scheme Record Time (being 6.00 p.m. on 3 April 2008) will receive 295pence in cash for each Foseco Share held. The latest date for despatch ofcheques and crediting of CREST accounts for the cash consideration due under theScheme is expected to be 18 April 2008. Trading in Foseco Shares on the LondonStock Exchange's market for listed securities was suspended with effect fromclose of business on 3 April 2008. Foseco Shares were de-listed at 8.00 a.m.this morning. Terms defined in the circular to shareholders relating to the Acquisition dated8 November 2007 shall have the same meanings in this announcement. This information is provided by RNS The company news service from the London Stock Exchange

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