Result of Tender Offer
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17 November 2006
Update on Tender Offer by Andrew Perloff
Andrew Perloff announces that the Tender Offer which was made by John East & Partners Limited on behalf of Andrew Perloff for up to 3,095,968 ordinary shares in the capital of LPA Group Plc at a price of 25 pence per share, closed at 1.00 p.m. on 16 November 2006.
Valid acceptances in respect of 1,789,932 ordinary shares were received, equivalent to 16.34 per cent. of the issued share capital of LPA Group Plc. In respect of 499,480 of the valid acceptances, John East & Partners Limited has waived certain defects in the tender of those shares.
Shareholders who have submitted valid acceptances with no defects will receive payment by 30 November 2006. Those shareholders that have submitted valid acceptances with defects will only receive payment once those defects have been rectified.
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