Response to Raphoe

Rentokil Initial PLC 17 October 2005 Response to statement from Raphoe Management Ltd The Board of Rentokil Initial plc ('Rentokil' or the 'Company') notes the announcement made today by Raphoe Management Limited ('Raphoe') and in particular the characterisation of Raphoe's failure to find support and/or financing for an offer for the Company. Rentokil always maintains an open dialogue with its shareholders, but -Raphoe's inference that the Board is discussing implementing Raphoe's proposals - with or without any changes to Robinson's excessive package - is just plain misleading. The Board remains strongly supportive of the current management team and sees no merit in destabilising a recovery programme that is well underway and already beginning to demonstrate positive results. Brian McGowan, non-executive Chairman of Rentokil, said today: 'We are not surprised that Raphoe has failed to find support and/or financing for a bid but we are surprised that Robinson claims to have brokered discussions between our Board and our shareholders on the subject of his remuneration. That is simply not true. Our focus remains on returning Rentokil back to long term profitable growth and on maximising value for Rentokil shareholders. We see no part for Robinson in that.' Enquiries: John Sunnucks, Gill Ackers; Brunswick Group LLP: 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange
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