Result of EGM

31 May 2005 10:43

May 31, 2005 Chesnara plc ("Chesnara" or "the Company")Results of Extraordinary General MeetingShareholders in Chesnara PLC today voted in favour of resolutions to acquirethe entire issued share capital of Irish Life (UK) Holdings plc and to issueshares in relation to the placing and open offer of 18,333,333 New Shares inconnection with the acquisition. Admission of the New Shares is expected totake place on 2 June 2005 and the acquisition is expected to be completedshortly thereafter.Chesnara plc Tel: 07799 407 519 Graham Kettleborough, Chief Executive Cubitt Consulting Tel: 020 7367 5100 (public relations advisers to Chesnara) Simon Brocklebank-Fowler/Selena Hedley Lewis ENDCHESNARA PLC