Second Court Hearing

17 May 2006 16:24

Chorion PLC17 May 2006 Court Hearing to confirm the Capital Reduction Chorion PLC17 May 2006 Chorion PLC ("Chorion" or the "Company") Second Court Hearing to confirm the Capital Reduction Further to its announcement on 12 May 2006 in connection with the confirmationof the timetable of key events in respect of the Proposals, Chorion confirmsthat the Second Court Hearing to confirm the Capital Reduction took placeearlier today. The Effective Date of the Scheme is expected to be 18 May 2006with the cancellation of the listing of Chorion Shares to be 8.00 am on 18 May2006. Terms defined in the Scheme Document have the same meaning in this announcement. Enquiries: Chorion Telephone: +44 (0) 20 7280 5000John Llewellyn-LloydAndrew McGuinness Rothschild Telephone: +44 (0) 20 7280 5000Warner MandelDominic Wallis Portland (Chorion PR enquiries) Telephone: +44 (0) 20 7404 5344Tim Allan 3i Telephone: +44 (0) 20 7928 3131Christopher Williams UBS Investment Bank Telephone: +44 (0) 20 7567 8000Jonathan RowleyJames Simpson Maitland (3i PR enquiries) Telephone: +44 (0) 20 7379 5151Colin Browne Liz Morley Rothschild, which is regulated in the United Kingdom by the Financial ServicesAuthority, is acting exclusively for Chorion and the Independent Directors andno one else in connection with the Proposals and will not be responsible toanyone other than Chorion and the Independent Directors for protections affordedto clients of Rothschild nor for providing advice in relation to the Proposals,the content of this announcement or any other matter referred to herein. UBS Investment Bank is acting exclusively for 3i and Planet Acquisitions inrelation to the Proposals and no one else in connection with the Proposals andwill not be responsible to anyone other than 3i and Planet Acquisitions forprotections afforded to clients of UBS Investment Bank nor for providing advicein relation to the Proposals, the content of this announcement or any othermatter referred to herein. This information is provided by RNS The company news service from the London Stock Exchange