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29 February 2008 Not for release, publication or distribution in or into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction Recommended Cash Offer by Angus Newco Limited for Inspicio plc SQUEEZE-OUT OF OUTSTANDING OFFEREE SHARES On 4 February 2008 Angus Newco announced that the recommended cash Offer to acquire Inspicio had been declared unconditional in all respects. As at 1.00 p.m. on 1 February 2008 Angus Newco had received valid acceptances in respect of over 90 per cent. in value and over 90 per cent. in voting rights of Inspicio. Consequently, Angus Newco is today implementing the procedure under Chapter 3 of Part 28 of the Companies Act 2006 to squeeze out all of the outstanding Inspicio Shares which it does not already hold or has not already acquired, contracted to acquire or in respect of which it has not already received valid acceptances. The Offer, as set out in the Offer Document, will remain open for acceptance until further notice. The definitions set out in the Offer Document dated 13 December 2007 have the same meanings in this announcement. ENQUIRIES Rothschild Dev Tanna 020 7280 5623 Unless otherwise determined by Angus Newco or required by the City Code and permitted by applicable law and regulation, the Offer is not being made, and will not be made, directly or indirectly, in or into, or by use of the mails of, or by any means or instrumentality (including, without limitation, telephonically or electronically) of interstate or foreign commerce of, or any facilities of a national state or other securities exchange of, the United States, Canada, Australia or any other Restricted Jurisdiction and the Offer will not be capable of acceptance by any such use, means, instrumentality or facility or from within the United States, Canada, Australia, or any other such Restricted Jurisdiction. Accordingly, unless otherwise determined by Angus Newco or required by the City Code and permitted by applicable law and regulation, copies of this announcement, the Offer Document, the Form of Acceptance and other related documents are not being, and must not be taken, mailed or otherwise forwarded, distributed or sent (directly or indirectly) in or into the United States, Canada, Australia or any other Restricted Jurisdictions. NM Rothschild & Sons Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for 3i Investments, the 3i Investors and Angus Newco and no one else in connection with the Offer and will not be responsible to anyone other than 3i Investments, the 3i Investors and Angus Newco for providing the protections afforded to its clients nor for providing advice in relation to the Offer. For the full notice click here. --Ends-- |