Lapse of Potential Transaction

5 May 2009 12:35



Lighthouse Group PLC

('Lighthouse' or 'the Group')

Lapse of Potential Transaction

Lighthouse Group plc (AIM:LGT), the UK's largest autonomous Independent Financial Advice and Wealth Management group, wishes to confirm that it has discontinued all discussions with the board of Network Data Holdings PLC  ('Network Data') concerning a potential transaction involving certain of Network Data's assets and operations. 

David Hickey, Executive Chairman of Lighthouse, commented: "The Board of Lighthouse would like to thank the board of Network Data and their colleagues for the professional way in which the potential transaction was approached by them, and regrets that the necessary arrangements to conclude within the stipulated timeframe were not implemented."

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