Wolverhampton& Dudley Breweries PLC
13 August 2001
This announcement is not for release or distribution in or into the
United States, Canada, Australia or Japan
THE WOLVERHAMPTON & DUDLEY BREWERIES, PLC ('W&DB')
W&DB notes the announcement today by Pubmaster that its offers to acquire W&DB
Commenting on the announcement, David Thompson, Chairman of W&DB said
'We are delighted that the majority of our shareholders have rejected
Pubmaster's offer and have backed management in its plans for the business.
Over the last few months, we have set out clear objectives for the development
of W&DB and we are happy to be judged on our achievement of these. Now that
the uncertainty created by the 12 month offer period has ended, we look
forward to concentrating on our main task of delivering shareholder value.'
The Wolverhampton & Dudley Breweries, PLC
David Thompson Telephone: 01902 329508
Ralph Findlay Telephone: 01902 329530
N M Rothschild & Sons Telephone: 020 7280 5000
Hudson Sandler Telephone: 020 7796 4133
N M Rothschild & Sons Limited, which is regulated in the UK by The Securities
and Futures Authority Limited, is acting exclusively for W&DB and no one else
in connection with the Offers and will not be responsible to anyone other than
W&DB for providing the protections afforded to customers of N M Rothschild &
Sons Limited or for providing advice in relation to the Offers.
The Directors of W&DB accept responsibility for the information contained in
this announcement. To the best of the knowledge and belief of the Directors
of W&DB (who have taken all reasonable care to ensure that such is the case)
the information contained in this announcement is in accordance with the facts
and does not omit anything likely to affect the import of such information.