CMG Croma Grp

RNS Number:7142E
CMG PLC
05 December 2002


                   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM AUSTRALIA, CANADA OR JAPAN


                                                                                                        5 December 2002

                                                        CMG PLC
                      COURT MEETING AND EXTRAORDINARY GENERAL MEETING IN RELATION TO THE PROPOSED
                                                MERGER WITH LOGICA PLC



SHAREHOLDERS APPROVE SCHEME OF ARRANGEMENT

CMG plc is pleased to announce that at a meeting today, convened by the High Court, CMG Shareholders duly approved the
Scheme of Arrangement between CMG and its shareholders pursuant to which the merger with Logica plc is to be
implemented. A copy of the Scheme containing the Notice of the CMG Court Meeting was set out in the circular to CMG
Shareholders dated 11 November 2002.

The vote was conducted by way of a poll and CMG's Registrars, Capita IRG plc, acting as scrutineer have confirmed that
the result is as follows:

                                         By number                     By shareholding

Votes in favour                          1,282                         253,932,156
Votes against                            64                            397,095



RESOLUTION PASSED AT EXTRAORDINARY GENERAL MEETING

At an Extraordinary General Meeting of the CMG Shareholders, the resolution set out in the Notice of Extraordinary
General Meeting contained in the circular to CMG Shareholders dated 11 November 2002 was duly passed as a special
resolution.  The resolution approves the corporate actions necessary to implement the Scheme and amends CMG's Articles
of Association.

The Merger remains subject to the approval of Logica Shareholders at an Extraordinary General Meeting convened for 20
December 2002, sanction of the Scheme by the High Court, and the satisfaction of a number of conditions including
regulatory consents and approvals.   It is anticipated, subject to such conditions, that the Merger will become
effective and dealings in LogicaCMG Shares will commence on both the London Stock Exchange and Euronext Amsterdam
Exchange on 30 December 2002.

Cor Stutterheim, Chairman of CMG said:
"We are convinced of the merits of this Merger which will create a European powerhouse in IT services and a strong
global player in the wireless networking arena.  The Board of CMG welcomes the overwhelming support shown by CMG
shareholders for the Merger with Logica."

Copies of the resolutions passed at the Extraordinary General Meeting will shortly be available to the public for
inspection at the UK Listing Authority's Document Viewing Facility which is situated at: Financial Services Authority,
25 The North Colonnade, Canary Wharf, London E14 5HS (tel. No. +44 (0)20 7676 1000) during normal business hours on any
weekday (Saturdays, Sundays and public holidays excepted) until completion of the Merger.

Terms used in this announcement shall have the same meaning as in the shareholder circular despatched by CMG to its
Shareholders, dated 11 November 2002.

Enquiries:

CMG
Tony Richards                           Tel: 020 7592 4442
Heleen Kamerman                         Tel: +31 20 6720 444

Citigate Dewe Rogerson                  Tel: 020 7638 9571
Toby Mountford
Sebastian Hoyle

Citigate First Financial                Tel: +31 20 5754 010
Marise Blom
Frits Hendrikx


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

EGMTABBTMMAMBJT

Croma Grp (LSE:CMG)
Historical Stock Chart
From Jun 2024 to Jul 2024

Croma Grp (LSE:CMG)
Historical Stock Chart
From Jul 2023 to Jul 2024