RNS Number:3212M
Paramount PLC
13 June 2003


Paramount plc


Compulsory acquisition of Groupe Chez Gerard plc shares



For immediate release
                                                                13 June 2003

As a result of the recent offer for Groupe Chez Gerard plc, Paramount plc holds
approximately 97% of the issued share capital of Groupe Chez Gerard plc.

The board of Paramount plc announces that it is today issuing Notices under
section 429 of the Companies Act 1985 to acquire compulsorily the Groupe Chez
Gerard plc shares which it does not already own.



Enquiries

David Floyd

Dawnay, Day Corporate Finance Limited
                                                                       
Tel: 020 7509 4570








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