SuperGroup Regulatory News (SGP)

28 Jul 2006 15:47

Sanctuary Group PLC28 July 2006 Friday 28 July 2006: For immediate release THE SANCTUARY GROUP Update Regarding Unsolicited Approach The Sanctuary Group, ('Sanctuary' or 'Group'), the international music group,today announces that it has met with representatives from MAMA Group PLC("MAMA") to hear what they had to say regarding their possible bid for theGroup. Following this meeting, the directors of Sanctuary have concluded that theapproach from MAMA is without merit and is not in the interests of Sanctuaryshareholders. Sanctuary has therefore rejected the MAMA approach and terminateddiscussions. Going forward, the Board believes that Sanctuary has a strong,independent, long-term future. Enquiries: The Sanctuary Group plc Philip Ranger Director of Corporate and Investor Relations (020 7300 1323) BrunswickJames Hogan / Craig Breheny (020 7404 5959) Note to Editors: Sanctuary is a UK listed international music group, encompassing recordedproduct, merchandising, artist management and arranging and negotiating liveperformances. It has three main operating divisions: Recorded Product;Merchandising and Artist Services, which incorporates both Artist Management andLive Agency. This information is provided by RNS The company news service from the London Stock Exchange