18th May 2006 07:45
Eurotunnel PLC/Eurotunnel S.A.18 May 2006 18 May 2006 Update on progress with restructuring negotiations Eurotunnel has informed the British and French market authorities of the stateof progress with discussions underway concerning the restructuring of theGroup's finances. Eurotunnel has requested that its shares continue to be suspended on the twoexchanges to allow these discussions to continue. The discussions are taking place with the creditors and the Goldman Sachs /Macquarie consortium. The possible enlargement of this consortium has led to thenegotiations being prolonged. As a result, the mid May review announced by Eurotunnel is postponed. Until thattime the Group will continue to observe the confidentiality surrounding thenegotiations. No 975/2006 For media enquiries contact John Keefe on + 44 (0) 1303 284491.Email: [email protected] For investor enquiries contact Xavier Clement on + 33 1 55 27 36 27.Email: [email protected] www.eurotunnel.com Eurotunnel manages the infrastructure of the Channel Tunnel and operatesaccompanied truck shuttle and passenger shuttle (car and coach) services betweenFolkestone, UK and Calais, France. Eurotunnel also earns toll revenue fromtrain operators (Eurostar for rail passengers, and EWS and SNCF for railfreight) which use the Tunnel. Eurotunnel is quoted in London, Paris andBrussels. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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