DCC PLC
30 November 2001
STOCK EXCHANGE ANNOUNCEMENT
30 November 2001
DCC plc has recently become aware of speculation that an investigation is
taking place into alleged insider dealing in connection with the disposal in
February 2000 by the DCC Group of shares in Fyffes plc.
DCC received one written enquiry on 1 September 2000 from the Irish Stock
Exchange in relation to its disposal of Fyffes shares, which was responded to
in writing on 8 September 2000. Since that date neither DCC nor any of its
officers has been contacted by any relevant authority in this matter.
It had been the strategy of the DCC Group for several years to realise its
investment in Fyffes. Unsolicited bids from stockbrokers in February 2000
allowed that strategy to be implemented.
The Board of DCC is completely satisfied that none of its officers was in
possession of price sensitive information on Fyffes at the time of the
disposal and believes that any investigation into the disposal of its shares
in Fyffes will confirm the absolute propriety of the Group's disposal.
For reference:
Jim Milton Tel: +353 1 663 3310
Murray Consultants +353 86 255 8400
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