Lapse of Letter of Intent: Offer by Travis Perkins plc for BSS Group plc
On 01 July 2010, Schroder Investment Management Limited provided a letter of intent regarding our intention to vote in relation to the proposal with regard to 22,117,189 shares.
Since then, notifications have been made in accordance with The City Code on Takeovers and Mergers, Rule 2.11 (d)(i), advising that we had disposed of 1,402,141 shares, reducing the number of share that are subject to the letter of intent to 20,715,048.
In accordance with The City Code on Takeovers and Mergers, Rule 2.11 (d)(i), we advise that we have disposed of the following shares and are no longer in a position to accept or procure the acceptance of the Offer, in relation to those shares;
· 25 August 2010 - sale 968 shares
Our intention in respect of 20,714,080 shares, being the remainder, remains as described in our Letter of Intent.
Chris Melrose
Manager, AML & Disclosure
Schroders Group Compliance
Tel: +44(0)207 658 4331
Fax: +44(0)207 658 3512
e-mail: christopher.melrose@schroders.com