RNS Number:7088F
Photo-Scan PLC
26 November 2004

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN


Photo-Scan plc, 26 November 2004


Photo-Scan plc ("Photo-Scan" or "Company") - Sanction of Scheme of Arrangement


On 8 November 2004 the Company's shareholders approved proposals to implement
the acquisition of the Company by Siemens AG by way of a scheme of arrangement
under section 425 of the Companies Act.


The Board of Directors of Photo-Scan is pleased to announce that earlier today
the Court sanctioned the Scheme and confirmed the related Capital Reduction. As
set out in the scheme document posted to the Company's shareholders on 15
October 2004 (the "Scheme Document"), trading in the ordinary shares of the
Company will cease on 29 November 2004 and no transfers of Scheme Shares will be
registered after 6.00 p.m. on that date. The admission to trading of the
ordinary shares of the Company on the Alternative Investment Market of the
London Stock Exchange will be cancelled with effect from 30 November 2004.


The Scheme and the Capital Reduction will become effective on delivery of an
office copy of the Court Order to the Registrar of Companies and the
registration of such Order, which is expected to occur on 30 November 2004.


Assuming the Scheme and the Capital Reduction become effective on 30 November
2004, the latest date for the despatch of cheques to Scheme Shareholders is 14
December 2004.


Unless otherwise defined, capitalised terms in this announcement have the same
meaning as in the Scheme Document.


Enquiries:


Andy Nash, Chairman                                       01932 898 500

David Simpson, KPMG Corporate Finance                     020 7311 1000

Paul Elliot, KPMG Corporate Finance                       020 7311 1000

Barrie Newton, Rowan Dartington                           0117 933 0011

John Rudofsky, Helsen Communications                      020 8786 6699


KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulated
by the Financial Services Authority for investment business activities, is
acting for the Company as financial adviser and is not acting for any other
person.  KPMG Corporate Finance will not be responsible to anyone other than the
Company for providing the protections afforded to its clients.


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

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