ABP recommends Admiral acquisition deal

The court hearings of ABP’s petitions to sanction the scheme and to confirm the reduction of the company’s share capital are expected to take place on 8 August and 11 August 2006 respectively. Subject to legal approval and to the satisfaction or waiver of certain other outstanding conditions, the effective implementation date of the scheme is expected to be 14 August 2006.

It is expected that dealings in ABP shares on the London Stock Exchange (LSE) will be suspended as of 1700 hours on 7 August. The shares will then cease to be listed on the Official List and their admission to trading on the LSE will be cancelled at 0800 hours on 16 August 2006.