Statement re FRRP

26 Jul 2006 15:04

Sanctuary Group PLC26 July 2006 For immediate release: 26 July 2006 The Sanctuary Group plc Statement re: Financial Reporting Review Panel (the "FRRP") The Board of The Sanctuary Group plc (the "Company") is pleasedto note that the Financial Reporting Review Panel (the "FRRP") has issued apress notice today (FRRP PN 95) which summarises the action taken by theDirectors of the Company with regard to its 2005 annual accounts. The FRRPstates within the press notice that "The Panel welcomes the actions taken by theDirectors and considers its enquiry, started on 6 March 2006, as complete." The press notice is available to view at the website of the FRRP (www.frc.org.uk/frrp) Bob Ayling, Chairman, commented: "The Board is grateful to the FRRP for its assistance during this process and Iam very pleased that the actions we have taken since early March, which aregrounded in strong corporate governance, are assisting the Company's recovery." Ends For further information, please contact: The Sanctuary Group plcPhilip Ranger, Director, Corporate & Investor Relations 07768 534641 020 7300 1323 Brunswick +44 (0) 20 7404 5959James HoganCraig BrehenyAsh Spiegelberg This information is provided by RNS The company news service from the London Stock Exchange