Compulsory Acqn of Shares

British Airways PLC 16 May 2001 16 May 2001 This announcement is not for release, publication or distribution in or into the United States, Canada, Australia or Japan Recommended Cash Offer by Ernst & Young on behalf of The Plimsoll Line Limited (the 'Offeror'), a wholly-owned subsidiary of British Airways Plc to acquire the whole of the issued ordinary share capital of British Regional Air Lines Group plc (the 'Offer') The Offeror announces that, having received valid acceptances of the Offer in respect of over 90 per cent. of the British Regional Air Lines Group Shares to which the Offer relates, it is today posting notices to those British Regional Air Lines Group Shareholders who have not yet accepted the Offer informing them that it will compulsorily acquire their British Regional Air Lines Group Shares by applying sections 428 to 430F of the Companies Act 1985. The Offeror intends, following the implementation of the compulsory acquisition procedures referred to above, to apply for the removal of the British Regional Air Lines Group Shares from the Official List of the United Kingdom Listing Authority and for the cancellation of trading in British Regional Air Lines Group Shares on the London Stock Exchange's market for listed securities to take effect on or after 11 June 2001. Terms defined in the Offer Document dated 28 March 2001 have the same meanings in this announcement unless the context requires otherwise. Enquiries: British Airways British Airways Press Office Tel: 020 8738 5100 Investor Relations Tel: 020 8738 6947 Ernst & Young Paul Smith Tel: 020 7951 4721 Andrew Grace Tel: 020 7951 4066 Ernst & Young , which is authorised to carry on investment business by the Institute of Chartered Accountants in England and Wales, is acting for British Airways and The Plimsoll Line Limited, a wholly-owned subsidiary of British Airways, and no one else in connection with the Offer and will not be responsible to anyone other than British Airways and The Plimsoll Line Limited for providing the protections afforded to clients of Ernst & Young, nor for providing advice in relation to the Offer. The Offer is not being made, directly or indirectly, in or into, or by use of the mails or any other means of instrumentality (including, without limitation, facsimile transmissions, telex, e-mail or telephone) of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States, Canada, Australia or Japan and will not be capable of acceptance by any such use, means, instrumentality or facilities, of from within the United States, Canada, Australia or Japan.

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