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Electronics Production | August 03, 2005

Update on Eurodis Administration

The administrators have been seeking to achieve either sales of the companies in the Eurodis Electron group or sales of the businesses and assets under their control. The Administrators are hopeful that the disposals of either the companies or the businesses and assets will be concluded satisfactorily in due course.

However, given the level of debt across the Eurodis Electron group, the Administrators do not anticipate, at present, that there will be a return to Eurodis Electron shareholders. In light of this situation, there is no current intention to request that the suspension of shares of Eurodis Electron PLC from listing on the Official List and trading on The London Stock Exchange be lifted. On 15 July 2005 Neville Barry Kahn and Nicholas Guy Edwards (of Deloitte & Touche LLP) were appointed as joint administrators of Eurodis Electron PLC. The following subsidiaries in the Eurodis Electron group have also been placed into administration: Subsidiary Eurodis Electronics plc Eurodis Information Systems Limited Eurodis Electronics UK Limited Eurodis Electron Holding BV Eurodis Distribution Services BV Eurodis Texim Electronics BV Eurodis Texim Electronics SA
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