Offer Update

Huveaux PLC 18 August 2005 Not for release, publication or distribution in or into the United States, Australia, Canada, Japan or any other jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction For immediate release 19 August 2005 Epic Group plc ('Epic') Offer update The board of Huveaux announces that by 3.00 p.m. (U.K. time) on 18 August 2005, the first closing date of the Offer, valid acceptances of the Offer had been received in respect of a total of 18,866,747 Epic Shares, representing approximately 78.17 per cent. of the existing issued share capital of Epic as at 3.00 p.m. (U.K. time) on 18 August 2005. This total includes acceptances in respect of 12,399,243 Epic Shares, representing approximately 51.37 per cent. of the existing issued share capital of Epic as at 3.00 p.m. (U.K. time) on 18 August 2005, pursuant to the irrevocable undertakings and the letter of intent to accept the Offer from the Directors of Epic and certain other Epic Shareholders. In accordance with the terms and conditions of the Offer, the Board of Huveaux announces that all outstanding conditions of the Offer have either been satisfied or waived save for the condition relating to the admission of up to 32,563,191 New Huveaux Shares to AIM, a market operated by the London Stock Exchange, becoming effective ('Admission'). Accordingly, the Offer is declared unconditional in all respects subject only to such Admission, which is expected to become effective on 22 August 2005. The Offer will be open for acceptance until further notice but the Mix and Match Facility is no longer available for acceptances. Huveaux intends to procure that Epic applies to the London Stock Exchange for the trading of Epic Shares on AIM to be cancelled. It is anticipated that such cancellation will take effect no earlier than 20 September 2005, being 20 business days after the Offer is expected to be declared unconditional in all respects. To the extent they have not already done so, Epic Shareholders who hold their Epic Shares in certificated form and who wish to accept the Offer should complete, sign and return their Forms of Acceptance as soon as possible in accordance with the instructions set out in the Offer Document and in the Form of Acceptance. Epic Shareholders who hold their Epic Shares in uncertificated form and who wish to accept the Offer should send to CRESTCo a TTE Instruction in relation to such shares as soon as possible. The procedure for acceptance of the Offer is set out in paragraph 15 of Part II of the Offer Document. Save as disclosed in this announcement, neither Huveaux, nor any persons acting, or deemed to be acting, in concert with Huveaux held any Epic Shares (or rights over Epic Shares) or has acquired or agreed to acquire any Epic Shares (or rights over Epic Shares) during the Offer Period. Words and expressions defined in the Offer Document dated 28 July 2005 shall have the same meaning when used in this announcement. Copies of the documents posted to Epic Shareholders on 28 July 2005 are available for inspection at the Document Viewing Facility of the UK Listing Authority at The Financial Services Authority, 25 The North Colonnade, London E14 5HS. Enquiries Huveaux 020 7245 0270 John van Kuffeler, Executive Chairman Dresdner Kleinwort Wasserstein (Financial advisor to Huveaux) 020 7623 8000 Joe Thompson Finsbury (Public Relations advisor to Huveaux) 020 7251 3801 James Leviton Katie Lang Don Hunter Dresdner Kleinwort Wasserstein, which is authorised and regulated by the Financial Services Authority, is acting for Huveaux and for no-one else in connection with the Offer and will not be responsible to anyone other than Huveaux for providing the protections afforded to customers of Dresdner Kleinwort Wasserstein, or for providing advice in relation to the Offer or any matters referred to herein. This information is provided by RNS The company news service from the London Stock Exchange

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