HIBU.L Regulatory News (HIBU)

23 Jun 2006 07:00

Yell Group plc23 June 2006 Yell Group plc 23 June 2006 FORMAL COMMENCEMENT OF PUBLIC OFFER FOR TPI Yell Group plc ("Yell") announces the formal commencement of its public offerfor Telefonica Publicidad e Informacion, S.A. ("TPI"). Following the approval of Yell's shareholders, clearance from the Spanishcompetition authority (the Servicio de la Defensa de la Competencia) andapproval by the Spanish securities regulator (the Comision Nacional del Mercadode Valores), the all cash public offer by Yell for the entire issued sharecapital of TPI announced on 28 April 2006 formally opens for acceptances today(23 June 2006) and is expected to remain open until 24 July 2006. Enquiries YellJill Sherratt: +44 (0) 118 950 6984 / +44 (0) 7764 879808 (mobile)Jon Salmon: +44 (0) 118 950 6656 Deutsche BankGeoffrey Austin: +44 (0) 20 7547 7142Michael Stock: +44 (0) 20 7547 6764 Goldman SachsSimon Dingemans: +44 (0) 20 7774 4615Chris Bischoff: +44 (0) 20 7552 4619 Citigate Dewe RogersonAnthony Carlisle: +44 (0) 20 7638 9571 / +44 (0) 7973 611 888 (mobile)Anthony Kennaway: +44 (0) 20 7282 1076Michael Berkeley: +44 (0) 20 7638 9571 Goldman Sachs International which is authorised and regulated by the FinancialServices Authority in the United Kingdom, is acting for Yell Group plc and forno-one else in connection with the Offer and will not be responsible to anyoneother than Yell Group plc for providing the protections afforded to customers of Goldman Sachs International, or for affording advice in relation to thedisposal or any other matters contemplated by this announcement. Deutsche Bank, which is authorised by Bundesanstalt furFinanzdienstleistungsaufsicht (BaFin) and by the Financial Services Authority(FSA); regulated by the FSA for the conduct of UK business and a member of theLondon Stock Exchange, is acting for Yell Group plc and no one else inconnection with the Offer and will not be responsible to anyone other than YellGroup plc for providing the protections afforded to customers of Deutsche Bank,or for affording advice in relation to the disposal or any other matterscontemplated by this announcement. END This information is provided by RNS The company news service from the London Stock Exchange