BRISTOL, U.K., Sept. 5, 2003 (PRIMEZONE) -- Allied Domecq PLC (Allied) (NYSE:AED) (Other OTC: ALDQF) notes the announcement to the Australian Stock Exchange on 29 August 2003 by the Hess Group A.G. that it proposes, through an Australian subsidiary, to make a conditional cash takeover bid for all of the shares in Peter Lehmann Wines Limited (Peter Lehmann Wines) that it does not already own.
Allied is the largest shareholder in Peter Lehmann Wines, with a holding of 14.53% of the issued ordinary shares in the company.
Allied confirms that it is presently seeking the opportunity to discuss with the Board of Peter Lehmann Wines its options regarding its holding in the company. The matters which Allied is seeking to discuss include, inter alia, the possibility of Allied making a competing offer for Peter Lehmann Wines. However, at this time, Allied has not made any decision about making such an offer.
Allied will make a further announcement in relation to its holding in Peter Lehmann Wines in due course.
This information is provided by RNS The company news service from the London Stock Exchange