RNS Number:3672J
Azlan Group PLC
28 March 2003


26 March 2003

Azlan Group PLC

Sanction by the Court of the Scheme of Arrangement and clearance granted by
competition authorities in connection with Tech Data (UK)'s recommended
acquisition of Azlan


Further to the announcement on 11 March 2003, Azlan announces that the Court
today sanctioned the Scheme which was approved by Azlan Shareholders on 11 March
2003. In addition, satisfactory clearances from each of the European Commission
and the Czech Competition Office were received on 24 March 2003.

The Scheme remains conditional upon the confirmation of the reduction of capital
involved therein by the Court (expected to take place on 28 March 2003), and
satisfaction or waiver of the other conditions set out in the circular to Azlan
Shareholders dated 14 February 2003 (the "Shareholder Circular").

Application has been made to the UK Listing Authority for the listing of the
Azlan Shares on the Official List to be cancelled and to the London Stock
Exchange for such shares to cease to be admitted to trading on its market for
listed securities. It is expected this will take effect on 31 March 2003 (with
the last day of trading in Azlan Shares being 27 March 2003).

It is expected that the Scheme will become effective on or about 31 March 2003
and that the Consideration will be despatched or settled through CREST no later
than 14 days thereafter.

Unless otherwise defined, expressions used in this announcement have the same
meanings as given to them in the Shareholder Circular.


Enquiries:

Azlan Group PLC
Peter Bertram, Chief Executive                               +44 (0)118 989 7762
Robert Contreras, Finance Director                           +44 (0)118 989 7762
Brunswick
Andrew Fenwick                                               +44 (0)20 7404 5959
UBS Warburg - financial adviser and broker to Azlan
Hew Glyn Davies                                              +44 (0)20 7567 8000
Tech Data/Tech Data (UK)
Steven A. Raymund, Chairman and CEO                          +1 727 539 7429
Jeffery P. Howells, Executive Vice President and CFO         +1 727 539 7429
Banc of America Securities - financial adviser to 
Tech Data and Tech Data (UK)
William Wells                                                +44 (0)20 7634 4800


UBS Warburg is acting for Azlan as financial adviser in relation to the Proposal
and is not acting for any other person in connection with the Proposal. UBS
Warburg will not be responsible to anyone other than Azlan for providing the
protections afforded to clients of UBS Warburg nor for giving advice in relation
to the contents of this announcement or any offer or arrangement referred to
herein.

Banc of America Securities, which is regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for Tech Data (UK) and Tech
Data in connection with the Proposal and will not be responsible to anyone other
than Tech Data (UK) and Tech Data for providing the protections afforded to
clients of Banc of America Securities nor for giving advice in relation to the
contents of this announcement or any offer or arrangement referred to herein.


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