nothing major happened2 Apr 2009 10:03
Wolseley plc (the 'Company'), the world's largest specialist trade distributor
of plumbing and heating products to professional contractors and a leading
supplier of building materials announces a change in the ratio of its American
Depositary Receipts ("ADRs") currently traded on the OTCQX .
Wolseley plc first listed its ADRs on the New York Stock Exchange ("NYSE") on 31
May 2001. The Company delisted from the NYSE in January 2008. As announced
separately on 1 April 2009, the Board of Wolseley plc has passed a resolution
to, among other things, effect a capital reorganisation, in which each existing
ordinary share is subdivided and converted into one interim share of 1p nominal
value and one deferred share of 24p nominal value, and immediately after, the
interim shares are consolidated on a one-for-ten basis into new ordinary shares
of 10p nominal value.