RNS Number:3312S
EMI Group PLC
20 November 2003


EMI Group plc statement on talks with Time Warner Inc.

LONDON 20 November 2003: Eric Nicoli, Chairman of EMI Group plc today said: "On
19 November, we said that our discussions with Time Warner Inc. concerning the
acquisition of the recorded music division of the Warner Music Group were
progressing well and at an advanced stage.  Time Warner has tonight informed us
that they are now considering a possible proposal from another party as an
alternative to our own firm offer.

Following a rigorous assessment of the business and the opportunity to create
value, we have put forward a full and fair offer with the interests of our
shareholders uppermost in our minds.  When we reach a definitive conclusion, we
will make a further announcement."

Enquiries

EMI Group plc
Amanda Conroy                   Corporate Communications       +44 20 7795 7529

Brunswick Group Limited
Patrick Handley                                                +44 20 7404 5959



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