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HMV Update 25 March 2011

25 Mar 2011 09:25

RNS Number : 6285D
HMV Group PLC
25 March 2011
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25 March 2011

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HMV Group Plc (the "Group") - Update

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In response to press speculation, the Board confirms it is exploring strategic options in respect of Waterstone's and HMV Canada. There can be no certainty that any transaction will be concluded.

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The Board also confirms that no discussions are taking place with respect to an offer for the Group.

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The Group's lending banks continue to be supportive, our banking facilities remain fully available and the Group is continuing to maintain a regular and constructive dialogue with its lenders.

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Further announcements will be made as and when appropriate.

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Enquiries

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HMV Group

Simon Fox

Group Chief Executive

Paul Barker

Director of Corporate Communications

020 7404 5959*

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Brunswick

Laura Cummings/Nick Cosgrove

020 7404 5959

*Calls to Brunswick

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This information is provided by RNS
The company news service from the London Stock Exchange
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