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Offer Document Posted

24 Mar 2005 12:46

Grainger Trust PLC24 March 2005 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN 24 March 2005 Grainger Trust plc Recommended Offer for City North Group plc (the 'Offer') Posting of Offer Document Grainger Trust plc ('Grainger') announces that the offer document formally making the Offer for the whole of the issued and to be issued ordinary share capital of City North Group plc ('City North') (the 'Offer Document'), together with theassociated form of acceptance, has been posted to City North shareholders today. Enquiries: Grainger Rupert Dickinson 020 7795 4700 Andrew Cunningham 0191 261 1819 JPMorgan Cazenove 020 7588 2828 Richard Cotton Roger Clarke Baron Phillips Associates 020 7920 3161 Baron Phillips City North 020 7932 0403 Michael Sherley-Dale KPMG Corporate Finance 020 7311 1000 David Simpson Richard Barlow Richard Brown JPMorgan Cazenove Limited, which is regulated in the United Kingdom by the Financial Services Authority, is acting for Grainger and for no one else in connection with the Offer and will not be responsible to anyone other than Grainger for providing the protections afforded to clients of JPMorgan Cazenove Limited or for providing advice in relation to the Offer or any matter referred to herein or in the Offer Document. KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulated by the Financial Services Authority forinvestment business activities, is acting for City North as financial adviser in relation to the Offer and is not actingfor any other person in relation to such Offer.KPMG Corporate Finance will not be responsible to anyone other than City North for providing the protections afforded toits clients or for providing advice in relation to the contents of this announcement, or any matter referred to herein, or in the Offer Document. This information is provided by RNS The company news service from the London Stock Exchange
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