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Statement re speculation

3rd Jun 2005 07:11

Sanctuary Group PLC03 June 2005 FOR IMMEDIATE RELEASE: 3 June 2005 The Sanctuary Group plc ("Sanctuary" or "the Company") The Board of Sanctuary notes the recent press speculation about exploratorydiscussions with potential acquirers, investors or business partners. TheCompany confirms that there have been preliminary talks which may or may notlead to an offer or a further business opportunity, but notes that during thepast 12 months, and indeed on a continuing basis, it has had exploratorydiscussions with a number of third parties about a wide range of futurepotential business development and investment opportunities. Further announcements will be made as appropriate and in due course. For further information, please contact: The Sanctuary Group plc Tel: 020 7300 1323Philip Ranger, Director, Corporate & Investor Relations Mob: 07768 534641 Merlin Tel: 020 7653 6620Paul Downes Mob: 07900 244 888 Rule 8 Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the"City Code"), any person who, alone or acting together with any other person(s)pursuant to an agreement or understanding (whether formal or informal) toacquire or control relevant securities of the Sanctuary Group, owns or controls,or becomes the owner or controller, directly or indirectly, of one per cent. ormore of any class of securities of the Sanctuary Group is required to disclose,by not later than 12.00 noon (London time) on the London business day followingthe date of the relevant transaction, dealings in such securities of thatcompany (or in any option in respect of, or derivative referenced to, any suchsecurities) during the period to the date on which any offer, if made, becomesor is declared unconditional as to acceptances or lapses or is otherwisewithdrawn. Under the provisions of Rule 8.1 of the City Code, all dealings in relevantsecurities of the Sanctuary Group by any offeror or the Company or by any oftheir respective "associates" (within the meaning of the City Code) must also bedisclosed. If you are in any doubt as to the application of Rule 8 to you, please contactan independent financial adviser authorised under the Financial Services andMarkets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk orcontact the Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013. - Ends - This information is provided by RNS The company news service from the London Stock Exchange

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