Acquisition

SMG PLC 27 March 2001 SMG acquires a further stake in SRH The Board of SMG plc ('SMG') confirms that on 26 March 2001 it acquired a further 136,000 ordinary shares in Scottish Radio Holdings plc ('SRH'), representing in total 0.4% of the company's issued share capital. These shares were acquired at 1365p per SRH share and represented a total consideration of £1.9 million. As a result, SMG now owns a total of 9,729,361 ordinary shares in SRH, representing 29.5% of the company's issued share capital. Enquiries: SMG Callum Spreng, Corporate Affairs Director 0141 300 3640 Schroder Salomon Smith Barney David Wormsley 0207 986 4000 Simon Gluckstein 0207 986 4000 Hoare Govett Mark Astaire 0207 678 8000 Sara Coghill Salomon Brothers International Limited, trading as Schroder Salomon Smith Barney ('SSSB'), which is regulated in the United Kingdom by The Securities and Futures Authority Limited, is acting exclusively for SMG plc and no one else in connection with the transaction and will not be responsible to anyone other than SMG plc for providing the protections afforded to customers of SSSB or for giving advice in relation to the transaction or any element thereof. Salomon Smith Barney is a service mark of Salomon Smith Barney Inc. Schroder is a trademark of Schroders Holdings plc and is used under licence.

Companies

STV Group (STVG)
UK 100

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