Offer Update

Embargoed for immediate release at 7.00 a.m. on 4 November 2003 4 November 2003 Not for release, publication or distribution in whole or in part in or into the United States, Canada, Australia or Japan. Recommended Offer by Close Brothers Corporate Finance Limited on behalf of Microgen plc for M.M.T. Computing Public Limited Company Level of acceptances and extension of the Offer Microgen plc ('Microgen') announces that by 3.00 p.m. on 3 November 2003, the first closing date of the Offer, valid acceptances of the Offer had been received in respect of a total of 9,926,690 M.M.T. Computing Public Limited Company ('M.M.T.') Shares, representing approximately 81.5 per cent. of the existing issued ordinary share capital of M.M.T.. Microgen also announces that the Offer including the facility for the Mix and Match Election has been extended and will remain open until 3.00 p.m. on 10 November 2003. Prior to making the Offer, Microgen received irrevocable undertakings to accept the Offer from certain M.M.T. shareholders in respect of a total of 5,465,142 M.M.T. Shares representing approximately 44.9 per cent. of the existing issued ordinary share capital of M.M.T.. As at 3.00 p.m. on 3 November 2003, valid acceptances had been received pursuant to these undertakings in respect of 5,461,719 representing 44.8 per cent. of the existing issued ordinary share capital of M.M.T and are included in the valid acceptances disclosed above. M.M.T. Shareholders who have not yet accepted the Offer, and wish to do so, should despatch their Forms of Acceptance as soon as possible, but, in any event, so as to be received by no later than 3.00 p.m. on 10 November 2003. Neither Microgen nor any person deemed to be acting in concert with Microgen for the purpose of the Offer owned or controlled any M.M.T. Shares, or any rights over such M.M.T. Shares immediately prior to 10 October 2003, being the commencement of the Offer Period. Neither Microgen, nor any of the Microgen Directors, nor, so far as Microgen is aware, has any person deemed to be acting in concert with Microgen for the purpose of the Offer acquired or agreed to acquire any M.M.T. Shares (or rights over M.M.T. Shares) since the commencement of the Offer Period. The expressions in this announcement, unless the context otherwise requires, bear the same meaning as in the Offer Document dated 13 October 2003. Enquiries: Microgen Tel: +44 (0)1753 847 122 Mike Phillips (Group Finance Director) Close Brothers Corporate Finance Limited Tel: +44 (0)207 655 3100 Simon Willis M.M.T. Tel: +44 (0)207 843 6211 Dee McFarlane (Finance Director) Credit Lyonnais Securities Tel: +44 (0)207 588 4000 Simon Bennett The availability of the Offer to persons not resident in the United Kingdom may be affected by the laws of their relevant jurisdiction. Persons who are not resident in the UK should obtain their own advice and observe any applicable legal and regulatory requirements. The Offer is not being made, directly or indirectly, in or into, or by use of the mails, or by any means or instrumentality (including, without limitation, telephonically or electronically) of interstate or foreign commerce of, or any facility of a national securities exchange of, the United States, Canada, Australia or Japan, and the Offer is not capable of acceptance by any such use, means, instrumentality or facility or from within the United States, Canada, Australia or Japan. Accordingly, copies of this announcement are not being, and must not be, directly or indirectly, mailed or otherwise forwarded, distributed or sent in, into or from the United States, Canada, Australia or Japan and persons receiving this announcement (including custodians, nominees and trustees) must not mail or otherwise forward, distribute or send it in, into or from the United States, Canada, Australia or Japan. Doing so may render invalid any purported acceptance of the Offer. Close Brothers, which is regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Microgen and no one else in connection with the Offer and will not be responsible to any person other than Microgen for providing the protections afforded to its customers or for providing advice in relation to the Offer. Credit Lyonnais Securities, which is regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for M.M.T. and no one else in connection with the Offer and will not be responsible to any person other than M.M.T. for providing the protections afforded to its customers or for providing advice in relation to the Offer.
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