Last checked at 
16 Jun 2008 15:34
JZ Equity Partners plc
16 June 2008
Result of the First Extraordinary General Meeting, Class Meetings and Second Extraordinary Meeting
The Board of JZ Equity Partners plc (the "Company") announces that at the extraordinary general meeting of the Company, the class meeting of the holders of ordinary shares and the second extraordinary general meeting, held on 16 June 2008, all resolutions were passed. Although, as noted below, of the shares for which proxies were submitted for the class meeting of the holders of the zero dividend preference shares, 99.74% of the votes cast were in favour of the resolution, the requisite quorum, being the attendance in person or by proxy of holders of one third of the zero dividend preference shares, was not obtained. This meeting has therefore been adjourned until 10.30 a.m. on Monday 23 June 2008 at 20 Moorgate, London EC2R 6DA, at which the attendance of any one holder of zero dividend preference shares will constitute a quorum.
The result of proxy voting figures in respect of the shareholder meetings are as follows:
| Meeting | Votes in favour (%) | Votes against (%) |
| First EGM | 99.94 | 0.06 |
| Class Meeting of Ordinary Shares | 99.99 | 0.01 |
| Class Meeting of ZDPs | 99.74 | 0.26 |
| Second EGM | 99.93 | 0.07 |
EXPECTED TIMETABLE
| Adjourned class meeting of the holders of the ZDP shares | 10.30 a.m. on 23 June 2008 |
| Latest time and date for receipt of forms of proxy for the third extraordinary general meeting | 10.30 a.m. on 24 June 2008 |
| Re-classification of any relevant ZDP shares and ordinary shares and the commencement of dealings in the re-classified JZEP shares (if any) | 8.00 a.m. on 25 June 2008 |
| Dealings in the existing JZEP shares (including any re-classified JZEP shares) suspended and share register closed | 7.30 a.m. on 26 June 2008 |
| Third extraordinary general meeting (at which the Company enters members' voluntary liquidation) | 10.30 a.m. on 26 June 2008 |
| Completion of the transfer of the Company's assets (other than the Liquidation Fund) to New JZEP | 8.00 a.m. on 27 June 2008 |
| Dealings commence in the New JZEP Shares | 8.00 a.m. on 27 June 2008 |
| Scheme becomes effective | 8.00 a.m. on 27 June 2008 |
| CREST accounts of shareholders holding existing JZEP shares in uncertificated form credited with New JZEP Shares | 27 June 2008 |
| Share certificates for New JZEP Shares despatched to shareholders holding existing JZEP shares in certificated form | 11 July 2008 |
| Cancellation of the listing of the existing JZEP shares (including any re-classified JZEP shares) | 27 June 2009 |
Terms used in this announcement shall have the same meaning as those set out in the circular to shareholders dated 12 May 2008. Copies of the resolutions passed have been submitted to the Document Viewing Facility of the UK Listing Authority and will shortly be available for inspection at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Tel. No. (0)20 7066 1000
Enquiries
Angus Gordon Lennox +44 (0) 20 7588 2828
JPMorgan Cazenove Limited