Renew Holdings Regulatory News (RNWH)

4 Jun 2007 14:48

Renew Holdings PLC04 June 2007 Renew Holdings plc('Renew' or the 'Company') OFT Investigation Renew has noted the recent announcements in relation to the Office of FairTrading ("OFT") review of tender activity within the construction industry. The Company confirms that one of its subsidiaries has been contacted by the OFTin relation to some historic contract tenders. These tenders represent a smallproportion of the tenders made during the period in question. Subsequently, Renew has conducted a review of the procedures of all of itsbusinesses to ensure that they are in compliance with the Competition Act. The subsidiary company has provided all required information to the OFT andremains fully co-operative in its ongoing investigation. 4 June 2007 Enquiries: Renew Holdings plc Tel: 020 7457 2020Brian May, Chief ExecutiveJohn Samuel, Group Finance Director College Hill Tel: 020 7457 2020Matthew Gregorowski This information is provided by RNS The company news service from the London Stock Exchange