CED Close Enhanced

RNS Number:2015Q
Cedar PLC
18 January 2002


18 January 2002



CEDAR PLC



REDAC LIMITED ("REDAC") RECOMMENDED CASH OFFER ("OFFER") FOR CEDAR PLC ("CEDAR
")



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO THE UNITED STATES, CANADA,
AUSTRALIA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN



Further to the announcement of the Offer on 7 January 2002, the Independent
Directors of Cedar continue to urge Shareholders to complete, sign and return
the Form of Acceptance as soon as possible to allow necessary long term
facilities to be made available.



If insufficient Shareholders accept the Offer, the Offer will not be
successful and there is a substantial risk that Cedar would be unable to
continue to trade solvently, and consequently the Directors would instigate
formal insolvency proceedings.  In this event, it is anticipated that
Shareholders will receive no payment in respect of their Shares in Cedar.





Enquiries:



For further information, please contact:


Cedar

John Stanley                                 01932 584 000

Mike Hosie                                   01932 584 000


Durlacher

Nick Martin                                  020 7459 3600


Financial Dynamics

Ben Atwell                                   020 7831 3113

Emma Rutherford                              020 7831 3113

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