NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN
It was announced on 1 September 2005 that an undertaking to accept (or procure the acceptance of) the Offer had been received from New Star Asset Management in respect of 24,226,019 hotgroup Shares, representing 9.66% of the issued share capital of hotgroup.
Trinity Mirror has been informed by New Star Asset Management that its holding of hotgroup Shares is 20,496,799 representing 8.17% of the issued share capital of hotgroup, and that its irrevocable undertaking should have been given in respect of this lower figure. New Star Asset Management has confirmed that in all other respects its irrevocable undertaking remains correct and legally binding.
On such revised basis, irrevocable undertakings to accept (or procure the acceptance of) the Offer have been received in respect of an aggregate of 68,631,935 hotgroup Shares, representing approximately 27.36% of the Company's issued share capital.