CENTRICA PLC
20 September 1999
Not for release, publication or distribution in or into the United States,
Canada, Australia, Japan or Singapore.
CENTRICA PLC
PROPOSED RECOMMENDED ACQUISITION OF THE AUTOMOBILE ASSOCIATION
FINAL OUTCOME OF THE SPECIAL GENERAL MEETING AND VOTE
A Special General Meeting of the Automobile Association was held on
16 September 1999 to consider the resolutions necessary to approve the
acquisition of the Automobile Association by Centrica plc.
Following the announcement on 16 September 1999 of the overall result of
the vote on the resolutions at the meeting, we can confirm that the exact
outcome of the voting at the poll held at the meeting (which included proxy
votes received in advance) was as follows:
For Against
Resolution 1 To alter the Rules 2,810,513 81,976
Resolution 2 To dissolve the Association in 2,813,560 78,918
accordance with the transfer procedure
in the Rules as altered
The resolutions were therefore passed by the required two-thirds majority.
Based on the total number of eligible members as at 16 September 1999 of
4,425,535 and a total acquisition price to be paid by Centrica of £1.1
billion, each Eligible Member will in due course receive a cheque for
£248.56p.
Enquiries:
Centrica
Charles Naylor (media enquiries) Tel: 01753 758 328
Tess Kershaw (media enquiries) Tel: 01753 758 444
Chris Milburn (investor/analyst enquiries) Tel: 01753 758 114
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