Statement re Possible Offer

AMCO Corporation PLC 11 August 2006 AMCO Corporation PLC ISIN: GB0000332667 11 August 2006 Statement re Possible Offer The Board of AMCO has received a preliminary approach from management which may or may not lead to an offer being made for the Company. The approach, which is subject to a number of pre-conditions including funding for the proposal, is at a price of 275 pence per share, which is below current market price and values the share capital at approximately £35.6 million. The Independent Directors of AMCO, Stuart Gordon and Michael Speakman, have given management permission to pursue the possible offer. This announcement is made with the agreement of the potential offeror. A further announcement will be made in due course. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of AMCO, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' of AMCO, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant securities' of AMCO by the Company, or by any of its 'associates', must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk . 'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a 'dealing' under Rule 8, you should consult the Panel. Disclosure in accordance with Rule 2.10 of the City Code: In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, the Company confirms that, at the close of business on 10 August 2006, the Company's issued share capital consisted of 12,934,327 ordinary shares of 10p pence each. Brewin Dolphin Securities Limited ('Brewin Dolphin'), which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting for AMCO and no-one else in connection with the matters referred to herein and will not be responsible to anyone other than AMCO for providing the protections afforded to clients of Brewin Dolphin or for giving advice in relation to such matters. Enquiries: Brewin Dolphin Securities 0113 241 0130 Mark Brady Andrew Emmott This information is provided by RNS The company news service from the London Stock Exchange
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