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Mansfield Brewery. (MNB)

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Wednesday 05 January, 2000

Mansfield Brewery.

Compulsory Acquisition Procedure

Mansfield Brewery PLC
5 January 2000


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF
AMERICA, CANADA, AUSTRALIA OR JAPAN

THE WOLVERHAMPTON & DUDLEY BREWERIES, PLC ('W&DB') 

RECOMMENDED OFFER FOR 

MANSFIELD BREWERY PLC ('Mansfield')

W&DB announces that the Mix and Match Election was closed at 3.00 p.m. on
Tuesday 4 January 2000.  At that time Mansfield Shareholders holding 6,222,616
million Mansfield Shares had elected to receive additional W&DB Shares and
Mansfield Shareholders holding 45,027,388 million Mansfield Shares had elected
to receive additional cash.  Accordingly all the Mansfield Shareholders
electing for additional W&DB Shares will be satisfied in full, whereas
Mansfield Shareholders electing for additional cash will be scaled down on a
pro rata basis.

Mansfield Shareholders accepting the Offer after 3.00 p.m. on 4 January 2000
will receive the basic terms of the Offer and will not be eligible for the Mix
and Match Election.  Valid elections for the Loan Note Alternative are below
the threshold set out in the conditions of the Offer and would require the
issue of less than £5 million in aggregate nominal value of Loan Notes. 
Accordingly W&DB (Finance) PLC, a wholly owned subsidiary of W&DB will not
issue any Loan Notes.  Mansfield Shareholders who validly elected for the Loan
Note Alternative will receive the cash and, if applicable, the W&DB Shares to
which they are entitled under the basic terms of the Offer.

The Offer was declared unconditional in all respects on 23 December 1999 and
will remain open for acceptance until further notice.  Before closing the
Offer, W&DB will give not less than 14 calendar days notice in writing to
those Mansfield Shareholders who have not accepted the Offer.  Mansfield
Shareholders who have not yet accepted the Offer are urged to do so without
delay.

The consideration payable to Mansfield Shareholders who accepted the Offer by
29 December 1999 will, with the consent of the Panel on Takeovers and Mergers,
be despatched no later than 12 January 2000.

As of 3.00 p.m. on Tuesday 4 January 2000, valid acceptances of the Offer had
been received in respect of 62,027,921 Mansfield Shares, representing
approximately 94.8 per cent. of the issued share capital of Mansfield.

Accordingly, as valid acceptances have been received in respect of more than
90 per cent. in value of the Mansfield Shares to which the Offer relates, W&DB
(Finance) PLC, a wholly owned subsidiary of W&DB will in due course be posting
formal notices to those Mansfield Shareholders who have not yet accepted the
Offer informing them that it will compulsorily acquire their Mansfield Shares
under the provisions of sections 428 to 430F of the Companies Act 1985.


Enquiries:

W&DB                                          Telephone:       01902 711 811
David Thompson
Ralph Findlay       

Rothschild                                    Telephone:       0171 280 5000
Crispin Wright
Avi Goldberg

Hudson Sandler                                 Telephone:      0171 796 4133
Keith Hann
Andrew Hayes

The definitions set out in the offer document dated 19 November 1999 apply to
this announcement.

The Offer will not be made, directly or indirectly, in or into, or by use of
the mails of, or by any means or instrumentality (including, without
limitation, fax, telex or telephone) of interstate or foreign commerce of, or
of any facilities of a national securities exchange of, the United States, or
in or into Canada, Australia or Japan and the Offer will not be capable of
acceptance by any such use, means, instrumentality or facilities or from
within the United States, Canada, Australia or Japan.  Accordingly, copies of
this announcement are not being, and must not be, mailed or otherwise
distributed or sent in or into the United States, Canada, Australia or Japan.

N M Rothschild & Sons Limited, which is regulated in the United Kingdom by The
Securities and Futures Authority Limited, is acting for W&DB (Finance) PLC and
W&DB and no one else in connection with the Offer and will not be responsible
to anyone other than W&DB (Finance) PLC and W&DB for providing the protections
afforded to customers of N M Rothschild & Sons Limited nor for providing
advice in relation to the Offer.

                                                                                                                                                                                                                        

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