Copies of a letter sent to the Company's shareholders on 3rd July 2006, in
accordance with Rule 2.6 of the City Code on Takeovers and Mergers, have been
submitted to the UK Listing Authority and will be available for inspection at
the UK Listing Authority's Document Viewing Facility, which is situated at:
Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14
5HS (Tel. No. (0)20 7676 1000). The letter provided a copy each of the
announcements issued by the Company and Warner Music Group Corp., respectively,
with respect to, in particular, a possible offer by Warner Music Group Corp.