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Disposal of French Spreads Business

On 9 November 2006 Uniq announced that it had received a binding offer from Dairy Crest Group plc regarding the proposed acquisition of the entire issued share capital of St Hubert SAS, Uniq's French spreads business, for a total consideration of €370 million (£248 million).

Uniq confirms that the required French Works Council consultation process has now been completed and that a Sale and Purchase Agreement binding on both parties has today been signed.

A circular will be posted to shareholders shortly, convening an Extraordinary General Meeting for early January 2007.

Completion is expected to take place in mid January 2007.


For further information:

Martin Beer
Uniq plc
Telephone No. +44 (0) 1753 276011

Julian Walker
Gainsborough Communications
Telephone No. +44 (0) 20 7190 1705

 

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