19th Oct 2007 09:33
Carillion PLC19 October 2007 Not for release, publication or distribution, in whole or in part, in or into orfrom any jurisdiction where to do so would constitute a violation of therelevant laws of such jurisdiction 19 October For Immediate Release Possible offer for Alfred McAlpine plc ("Alfred McAlpine") - Rule 8.4Announcement Carillion plc ("Carillion") announces that it has received non-binding lettersof intent over 14.89 per cent. of Alfred McAlpine's issued share capital fromSchroder Investment Management Limited and New Star Asset Management Limited toaccept, if made, a possible offer by Carillion at a value of 570 pence for eachAlfred McAlpine share. The letters of intent relate to 10,582,615 Alfred McAlpine shares held bySchroder Investment Management Limited (on their own behalf and on behalf ofdiscretionary clients) and 4,681,590 Alfred McAlpine shares held by New StarAsset Management Limited, representing in total 14.89 per cent. of AlfredMcAlpine's issued share capital. The letters will lapse if an announcement of afirm intention to make an offer is not released by 1 December, 2007. Inaddition, the letters will also cease to apply to shares which are disposed ofby the holder. There is no certainty that any further approach to the Alfred McAlpine board, orany offer, will be made by Carillion, or as to the form of consideration of anysuch offer. Carillion reserves the right to make an offer at a reduced levelwith the recommendation of the board of Alfred McAlpine. Enquiries Carillion plcJohn Denning Tel: +44 (0) 1902 316 426 MaitlandAngus Maitland Tel: +44 (0) 20 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Carillion PlcSchroders