Re: Announcement on 20 April

Pittards PLC 28 April 2006 ANNOUNCEMENT Pittards Plc wishes to clarify the announcement that it made on 20 April 2006 concerning the circular posted to all shareholders on 19 April 2006 ('New Circular') containing the revised proposals (the 'Revised Proposals') regarding the terms on which it proposes to deal with the deficit on the Group's pension schemes. The Extraordinary General Meeting and separate Class Meetings of the holders of Ordinary and Preference Shares (the 'Meetings') to be held on 12 May 2006 are, technically, new meetings and are not a resumption of the meetings originally convened for 13 April 2006. The notices convening the Meetings, as contained in the New Circular, each contain a resolution dealing with the adjourned 13 April meetings. The record date for determining the entitlement of shareholders to participate in the Share Capital Reorganisation (as defined in the New Circular) is 12 May 2006 (the 'Record Date'). As stated in the announcement of 20 April 2006, the Directors unanimously and strongly recommend that the resolutions to implement the Revised Proposals be approved by shareholders in order to avoid the Company having to enter Administration. The Company will be holding two presentations at 11.30 and 2pm on Tuesday 2 May at its offices in Sherborne Road, Yeovil to outline future strategy and explain the importance of voting in favour of the resolutions, to which all shareholders are invited. Enquiries: Stephen Boyd, Chairman John Buckley, Finance Director Tel. 01935 474321 This information is provided by RNS The company news service from the London Stock Exchange

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Pittards (PTD)
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