Acquisition

Mothercare PLC 30 May 2007 30 May 2007 Mothercare plc (the 'Company') Proposed Acquisition of Chelsea Stores Holdings Limited ('CSHL') Further to the Company's announcement of 28 April 2007 regarding its proposed acquisition of CSHL (the 'Proposed Acquisition'), the Company announces that it has today received notification from the Cyprus Commission for the Protection of Competition that it has approved the Proposed Acquisition. Accordingly, this condition has now been satisfied. The Proposed Acquisition remains conditional upon the clearance of the Office of Fair Trading, the Admission of the New Mothercare Shares and the approval of the Resolutions by the Company's shareholders, which is being sought at an EGM. The EGM will be held at 11.00 a.m. on 14 June 2007 at Mothercare plc, Cherry Tree Road, Watford, Hertfordshire, WD24 6SH. Copies of the Circular dated 25 May 2007 (the 'Circular'), which contains the notice of the EGM, have been submitted to the UK Listing Authority and are available for inspection by the public during normal business hours any weekday (public holidays excepted) at the UK Listing Authority's Document Viewing Facility, which is situated at: The Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS, tel. 020 7066 1000. The Circular and the Prospectus are also available on the Company's website, www.mothercare.com. Terms defined in the Circular have the same meaning in this announcement. For further enquiries, contact: Mothercare: 01923 206 001 Ben Gordon, Chief Executive Neil Harrington, Finance Director Citigroup Capital Markets Limited (Financial adviser to Mothercare): 020 7986 4000 Ian Hart Louise Stonestreet Brunswick (PR adviser to Mothercare): 020 7404 5959 Susan Gilchrist Anna Jones Citigroup Global Markets Limited ('Citi'), which is authorised and regulated in the UK by the Financial Services Authority, is acting for Mothercare and no one else in connection with the Proposed Acquisition and will not regard any other person as its client in relation to the Proposed Acquisition and will not be responsible to anyone other than Mothercare for providing the protections afforded to clients of Citi, or for providing advice in relation to the Proposed Acquisition or any transaction or arrangement referred to in this document. This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Mothercare (MTC)
UK 100

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