Gusbourne Regulatory News (GUS)

31 Jul 2006 12:00

GUS PLC31 July 2006 For immediate release31 July 2006 GUS plc £350,000,000 5.625% notes due 2013 GUS announces that it intends to make a tender offer for the above bonds at aprice of par plus accrued interest. Full details will be announced in duecourse. This offer follows the announcement on 27 July 2006 concerning the timetable forthe proposed demerger of Argos Retail Group and Experian and the posting ofdocuments to shareholders. The offer is intended to allow the exit from theNotes of noteholders who are concerned that the demerger may give rise to anevent of default. GUS intends to fund any repayment by means of the bankfacility which it has put in place for that purpose. Enquiries GUSDavid Tyler Group Finance Director 020 7495 0070Antony Barnes Group Treasurer FinsburyRollo Head 020 7251 3801 This information is provided by RNS The company news service from the London Stock Exchange