Update on Possible Offer

3 May 2007 11:03

Calyx Group PLC03 May 2007 Calyx Group plc ("Calyx" or the "Company") Offer Update Calyx Group plc ("Calyx") announces that it has granted a period of exclusivityto Maurice Healy Chairman and CEO, certain members of the Company's seniormanagement team and a Private Equity firm (the "Potential Offeror"), with a viewto the Potential Offeror making an offer to acquire the entire issued and to beissued share capital of Calyx. There can be no assurance that an offer will ultimately be made or as to theterms and conditions on which any offer might be made. A further announcement will be made in due course. Enquiries: Calyx Group plc +353 1 676 3363Gary Kennedy Davy +353 1 679 6363Ronan GodfreyJohn Frain The Independent Directors of the Company accept responsibility for theinformation contained in this announcement. To the best of the knowledge andbelief of the Independent Directors of the Company (who have taken allreasonable care to ensure such is the case) the information contained in thisannouncement is in accordance with the facts and does not omit anything likelyto affect the import of such information. Davy Corporate Finance Limited, which is regulated in Ireland by the FinancialRegulator, is acting for the Company and no-one else in relation to the Approachand will not be responsible to anyone other than the Company for providingadvice in relation to the Approach. Any person who is the holder of 1 per cent or more of any class of shares in theCompany may be required to make disclosures pursuant to Rule 8.3 of the IrishTakeover Panel Act 1997, Takeover Rules 2001 to 2005. This information is provided by RNS The company news service from the London Stock Exchange