Camellia PLC
03 February 2005
Camellia Plc
East African Coffee Plantations Limited ('EACP')
The following is the text of an announcement made today by Linton Park Plc, a
subsidiary of Camellia Plc.
EACP, a company listed on the Australian Stock Exchange in which Linton Park Plc
has a 70.5% interest (4,570,637 ordinary shares), has today made the following
announcement in response to an offer from Chiquita Brands South Pacific Limited
to acquire the entire issued share capital of EACP:
'The East African Coffee Plantations Limited ('EACP') board acknowledges the
Chiquita Brands South Pacific Limited announcement regarding its proposed
takeover offer for EACP at Aus $7.65 cash per ordinary share less the proposed
cash dividends referred to in its recent ASX dividend announcement totalling Aus
$2.20 per ordinary share. The board considers the proposal favourably and looks
forward to the receipt of Chiquita's bidder's statement, after which it will
make its recommendation to shareholders.'
For further enquiries please contact Camellia Plc
Malcolm Perkins, Chairman
01622 746655
3rd February 2005
This information is provided by RNS
The company news service from the London Stock Exchange
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