14th Mar 2005 07:01
MFI Furniture Group PLC14 March 2005 14th March 2005 MFI Furniture Group Plc Statement regarding Pension Plans Further to the announcement issued in May 2004 in relation to errors arising inthe UK pension plans, MFI Furniture Group Plc is pleased to announce that a £12million settlement has been agreed with one of the third parties on whose advicethe Group and the Trustees of the plans relied. The Board of MFI Furniture Group Plc continues to take advice and consider withthe Trustees the actions required to obtain recovery, if material, from anyother third parties in relation to the remaining deficit in the pension plans.In the context of the triennial valuations taking place in April 2005, the Boardwill also be discussing with the Trustees further ways of addressing the deficitand establishing the future level of contributions. Enquires Gerard Hughes, Company Secretary 020 8200 8000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Howden Joinery