Subsequent to discussions between LME Eignarhaldsfelag ehf., Stork N. V and London Acquisition N.V., a holding company managed by Candover, London Acquisition N.V and Stork N.V. have jointly announced that London Acquisition has extended the acceptance period for the public offer all the issued and outstanding shares in the share capital of Stork until 15:00 hours on 18 September 2007. LME Eignarhaldsfelag ehf. has reported that it has acquired a shareholding interest in Stork in excess of 43% and has indicated that it does not intend to tender these shares under the Offer. The extension follows discussions conducted by London Acquisition with LME and Stork in the last few days regarding the Offer and possible solutions. The parties believe that it is appropriate to continue these discussions. No assurances can be given that these discussions will result in a solution that is acceptable to all parties. Marel Food Systems hf. is a 20% shareholder in LME Eignarhaldsfélag ehf. together with Landsbanki Islands hf. and Eyrir Invest hf.
- Discussions between LME Eignarhaldsfelag ehf., Stork N.V and London Acquisition N.V.
| Source: Marel hf.