4th Oct 2007 16:46
Not for distribution in or into the United States of America, Canada, Japan orAustralia United Business Media plc Repurchase of B Shares
In accordance with the circular to B shareholders dated 13 September 2007, a Repurchase Offer for B shares, enabling shareholders to sell their B Shares at 245 pence, free of all dealing expenses and commissions, has today been made by Merrill Lynch. As at 3 October 2007 valid acceptances of the Repurchase Offer had been received in respect of 323,838 B Shares, representing approximately 7.83 per cent of the B Shares in issue as at that date. These B Shares have subsequently been purchased by the Company in an on-Exchange transaction for cancellation at 245 pence each.
Cheques and sale advices are expected to be despatched and assured payments made through CREST by 9 October 2007 in respect of B Shares purchased under the Repurchase Offer.
Following this purchase 3,809,932 B shares remain in issue.
Notes:
All definitions used in the Circular to shareholders dated 13 September 2007apply to this announcementEnquiries:Anne SiddellUnited Business Media020 7921 5004Tony WhiteMerrill Lynch International020 7995 1152
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