Further re Press Speculation

Benchmark Group PLC 05 December 2003 FOR IMMEDIATE RELEASE 5 December 2003 Benchmark Group PLC The Board of Benchmark Group PLC ('Benchmark' or the 'Company'), the specialist Central London property investment and development company, has noted recent press speculation regarding the Company. In the Chairman's statement accompanying Benchmark's Report and Accounts for the year ended 30 June 2003, it was stated that for some time the Directors had been concerned at the size of the discount to net asset value reflected in the price at which the Company's shares had traded and that accordingly the Board, in the interests of all shareholders, had decided to review all options available to Benchmark to address the issue of the discount. This review is continuing. Since the announcement of this review, Benchmark has received a number of unsolicited approaches of a very preliminary and tentative nature from various parties indicating that they might be interested in considering a possible offer for Benchmark. However, to date no firm proposal has been put forward by any of these parties. Enquiries: Benchmark Group PLC Nigel Kempner, Chief Executive 020 7659 0500 Tavistock Communications Limited Jeremy Carey 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange
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