RNS No 2176k
INSPEC GROUP PLC
4th August 1998

Further  to recent press speculation, the Board of Inspec Group plc ("Inspec")
announces  that  it  is in advanced discussions with Laporte  plc  ("Laporte")
which  are expected to lead to a recommended cash offer for Inspec at a  level
of 340p per share.  Should this transaction proceed Inspec will not declare an
interim  dividend.  It is Laporte's intention to seek irrevocable  commitments
from the Board.  A further announcement will be made as soon as possible.

Enquiries

Inspec Group plc

Deutsche Bank AG          Jeremy Lucas               0171 545 8000
                          Adrian Fisk
                          
Financial Dynamics        Charles Watson             0171 831 3113


Laporte plc

Lazard  Brothers  &  Co., Nigel Turner               0171 588 2721
Limited                   John Wilford

Deutsche  Bank  AG  London, which is regulated in the United  Kingdom  by  the
Securities  and  Futures Authority Limited, is acting exclusively  for  Inspec
Group  plc and for no one else and will not be responsible to any other person
for providing the protections afforded to customers of Deutsche Bank AG London
or  advising  such  persons  on  the contents  of  this  announcement  or  any
transaction or arrangement referred to herein.

Lazard  Brothers & Co., Limited, which is regulated in the United  Kingdom  by
the  Securities  and  Futures Authority Limited,  is  acting  exclusively  for
Laporte  plc  and  for no one else and will not be responsible  to  any  other
person  for providing the protections afforded to customers of Lazard Brothers
&  Co.,  Limited or advising such persons on the contents of this announcement
or any transaction or arrangement referred to herein.

END

MSCSSWFSLUAUFDA
Calculus Vct (LSE:CLC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Calculus Vct Charts.
Calculus Vct (LSE:CLC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Calculus Vct Charts.