Roche Holding AG (ROG.VX) Friday said while not unexpected, it is disappointed that Illumina Inc.'s (ILMN) board is unwilling to participate in substantive discussions with Roche regarding a negotiated transaction, and has instead adopted a shareholder rights plan in response to the offer.

MAIN FACTS:

- Roche's all-cash offer represents a substantial premium and Roche is confident that Illumina shareholders will see the value of the offer.

- Roche firmly believes that its offer delivers full and fair value to Illumina shareholders, based on the current market outlook.

- On January 25, Roche announced an offer to acquire all outstanding shares of Illumina for $44.50 per share in cash or an aggregate of approximately $5.7 billion on a fully diluted basis.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com

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