TIDMEET 
 
RNS Number : 8054M 
European Equity Tranche Income Ltd. 
04 February 2009 
 

 
 
 
 
European Equity Tranche Income Limited ("EETI" or the "Company") 
 
 
Update re. Concert Party 
 
 
The Company announced on 16 January 2009 that a circular (the "Circular") had 
been sent to shareholders convening an extraordinary general meeting for 11 a.m. 
on Thursday 5 February 2009, at which proposals relating to a capital 
restructuring are to be considered and, if thought fit, approved. 
 
 
As part of the proposals, the Company is seeking a waiver of Rule 9 of The City 
Code on Takeovers and Mergers (in order to avoid Scribona Nordic and any parties 
deemed by the Takeover Panel to be acting in concert with Scribona Nordic being 
obliged to make a mandatory offer for all of the Company's Shares, which they 
would otherwise be obliged to do as Scribona Nordic and other members of the 
Concert Party will acquire over 30 per cent. of the voting rights of the Company 
by way of the implementation of the proposed capital restructuring). 
 
 
The Circular stated that certain members of the Concert Party, namely 
Bronsst�det AB ("Bronsst�det")  and Union Discount Company Limited ("UDC"), 
indicated they wished to subscribe for 55 million and 10 million shares 
respectively in the Placing. The Company has now been informed that Bronsst�det 
and UDC intend to subscribe for 13.5 million and 4.5 million shares 
respectively. Accordingly, since Scribona Nordic is underwriting the Placing, 
the maximum potential holding of the Concert Party following completion of the 
proposed capital restructuring as set out in the Circular remains unchanged. 
 
 
Capitalised terms in this announcement shall, unless otherwise stated, have the 
same meaning as set out in the section headed "Definitions" in the Circular. 
 
 
Enquiries: 
 
 
European Equity Tranche Income Limited 
Robin Monro Davies                                          0845 868 0533 
 
 
Arbuthnot Securities Limited 
Alastair Moreton                                                020 7012 2000 
 
 
Anson Fund Managers Limited 
Secretary                                                            01481 
722260 
 
 
4 February 2009 
 
 
E&OE - in transmission 
 
 
END OF ANNOUNCEMENT 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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