Posting of Scheme Document

Calyx Group PLC
08 June 2007




NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR
FROM ANY RESTRICTED JURISDICTION


8 June 2007

         Recommended Acquisition for cash of Calyx Group plc ('Calyx')

                                     by

                        Stornoway Limited ('Stornoway')





On 25 May 2007 the Board of Stornoway and the Independent Directors of Calyx
announced that they had reached agreement on the terms of a recommended
acquisition by Stornoway of the entire issued and to be issued share capital of
Calyx. The Acquisition will be implemented by way of a scheme of arrangement
under Section 201 of the Companies Act.



Stornoway and Calyx announce that Stornoway is today posting a circular to Calyx
Shareholders (the 'Scheme Document') in relation to the recommended Acquisition.



The Scheme Document sets out details of various aspects of the Acquisition which
require the approval of Calyx Shareholders at two court meetings and an
extraordinary general meeting (the 'EGM') which will all take place at Crowne
Plaza Hotel Dublin Airport, Northwood Park, Santry, Dublin 9 on 2 July 2007 with
the first court meeting commencing at 11.30 am, the second court meeting
commencing at 11.45 am (or as soon thereafter as the first court meeting has
concluded or being adjourned), and the EGM commencing at 12.00 noon (or as soon
thereafter as the second court meeting has concluded or being adjourned). In
relation to the court meetings to be held on 18 July 2007, a High Court order
convening these meetings was issued on 7 June 2007.



The forms of proxy for the court meetings and the EGM relating to the
Acquisition which accompany the Scheme Document sent to Calyx Shareholders
should be returned to Computershare Investor Services (Ireland) Limited no later
than 48 hours prior to the commencement of each meeting. If the forms of proxy
for the court meetings are not lodged 48 hours prior to the commencement of the
meetings they may be handed to the chairman of the relevant court meeting before
the start of the relevant court meeting. The completion and return of a form of
proxy for any of the meetings will not prevent Calyx shareholders from attending
and voting at the meetings in person if they wish to do so.



Copies of the Scheme Document may be obtained from Calyx's Registrar,
Computershare Investor Services (Ireland) Limited, PO Box 954, Heron House,
Corrig Road, Sandyford Industrial Estate, Dublin 18.





Enquiries:


Deloitte Corporate Finance                           [phone]

Financial Adviser to Stornoway Limited
Jonathan Hinton
David Smith

Davy Corporate Finance                               [phone]

Financial Adviser to Calyx Group plc
Ronan Godfrey
John Frain



Unless otherwise defined terms used in this announcement have the same meaning
as in the announcement of a firm intention to make the Acquisition issued by
Stornoway on 25 May 2007.



The directors of Stornoway, Stornoway I, Clayfox Timid and Clayfox Gilttop,
acting in their capacity as such, the directors of Alchemy Partners (Guernsey),
the Management Team and the Calyx Directors (together the 'Responsible Parties
'), accept responsibility for the information contained in this announcement.
To the best of the knowledge and belief of the Responsible Parties (who have
taken all reasonable care to ensure that such is the case), the information
contained in this announcement for which they accept responsibility is in
accordance with the facts and does not omit anything likely to affect the import
of such information.



Davy Corporate Finance, which is authorised in Ireland by the Financial
Regulator under the Investment Intermediaries Act 1995, is acting exclusively
for Calyx and no-one else in connection with the Acquisition and will not be
responsible to anyone other than Calyx for providing the protections afforded to
clients of Davy Corporate Finance or for providing advice in relation to the
Acquisition



Deloitte Corporate Finance is acting exclusively for Stornoway and no-one else
in connection with the Acquisition and will not regard any other person as its
client nor be responsible to anyone other than Stornoway for providing the
protections afforded to clients of Deloitte Corporate Finance nor for providing
advice in relation to the Acquisition, or any matter referred to in this
announcement. Deloitte Corporate Finance is a division of Deloitte & Touche LLP,
which is authorised and regulated by the Financial Services Authority in respect
of regulated activities.




                      This information is provided by RNS
            The company news service from the London Stock Exchange