SDX Sdx Energy Plc

RNS Number:4130F
Sondex PLC
09 October 2007


Sondex plc

("Sondex" or the "Company")


FOR IMMEDIATE RELEASE


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS IN THAT JURISDICTION


Offer Update

9 October 2007

The recommended cash offer for the entire issued and to be issued share capital
of Sondex by Drilling and Wireline  Solutions Limited ("DWSL"), a wholly-owned
subsidiary of General Electric Company:  Results of Court Meeting and EGM.

The board of Sondex is pleased to announce that the resolutions to approve the
recommended cash offer for the Company by DWSL by means of a Scheme of
Arrangement (the "Scheme") under which the  shareholders of Sondex will be
entitled to receive 460 pence per share were duly passed at the Court Meeting
and the  Extraordinary General Meeting held today.

At the Court Meeting, a majority in number of Sondex shareholders entitled to
vote and present either in person or by  proxy, and who together represented
over 75% by value of the Sondex Shares held by such shareholders, voted in
favour  of the resolution to approve the Scheme.  The resolution was accordingly
passed.

At the Extraordinary General Meeting, the special resolution to provide for the
implementation of the Scheme was also  passed by the requisite majority.

COURT MEETING

The voting results on the resolution to approve the Scheme were as follows.

Of the total number of Scheme Shares voted:

* 99.96% voted for the resolution; and

* 0.04% voted against the resolution.

EXTRAORDINARY GENERAL MEETING

The voting results on the Special Resolution to implement the Scheme were as follows.

Of the total number of Sondex Shares voted:

* 99.48% voted for the resolution;

* 0.03% voted against the resolution; and

* 0.49% abstained.

Following the Court Meeting and the EGM, implementation of the Scheme and the
Offer remains subject to the satisfaction  and/or waiver of certain Conditions,
which are set out in Part Three of the Scheme Document.  These conditions
include  the sanction of the Scheme and the Confirmation of the Capital
Reduction involved therein by the Court. The Scheme will  only become effective
upon delivery to and registration by the Registrar of Companies of an official
copy of the Court  Order. The Court hearing is expected to take place on 25
October 2007 and the Scheme is expected to become effective on  26 October 2007.
If the Scheme becomes effective on 26 October 2007, the cancellation of the
listing of Sondex Shares  is expected to occur at 7.30 am on 26 October 2007.
The consideration due to Scheme Shareholders is expected to be sent  on 26
October 2007 and, in any event, within 14 days of the effective date.

Copies of the resolutions passed at the Court Meeting and the EGM have been
submitted to the UK Listing Authority and will shortly be available for
inspection by the public during normal business  hours on any weekday (except
public holidays) at the UK Listing Authority's Document Viewing Facility which
is situated  at: The Financial Services Authority, 25 The North Colonnade,
Canary Wharf, London, E14 5HS.

The directors of Sondex accept responsibility for the information contained in
this announcement and, to the best of their knowledge and belief (having taken
all reasonable care to ensure that such is the case), the information contained
in this announcement is in accordance with the facts and does not omit anything
likely to affect the import of such information

Capitalised terms used have the same meaning as set out in the Scheme Document 
dated 14 September 2007.


ENQUIRIES:

Sondex Tel: 01252 862 200

Martin Perry (Chief Executive)

Chris Wilks (Finance Director)

Investec Tel: 020 7597 5970

James Grace
Patrick Robb

Alex Thomas


College Hill Tel: 020 7457 2020

Nick Elwes



Investec, which is authorised and regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for Sondex and no-one else
in connection with the Offer and will not be responsible to anyone other than
Sondex for providing the protections afforded to clients of Investec or for
providing advice in relation to the Offer.








                      This information is provided by RNS
            The company news service from the London Stock Exchange

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