TIDMSNCL 
 
RNS Number : 8906N 
Sinclair (William) Holdings PLC 
26 February 2009 
 

 
 
 
William Sinclair Holdings PLC ("William Sinclair" or the "Company") 
 
Update regarding compensation at the Company's Bolton Fell facility 
 
William Sinclair announced on 29 August 2008 that the Bolton Fell peat bog had 
been submitted to the EU as a Special Area of Conservation (SAC) and that it was 
in discussions with Natural England regarding the level of compensation payable 
to the Company. 
 
These discussions remain on-going although progress has been slowed by the 
unique nature of the facility. William Sinclair has appointed specialist 
surveyors to advise on the value of the Company's facilities. 
 
Natural England's most recent indicative proposal for compensation of 
approximately GBP12 million is disappointingly lower than the valuation provided 
by the Company's advisers. 
 
A negotiated settlement may be concluded during 2009. However if an agreement is 
not reached, both parties will be required to involve the Lands Tribunal to 
determine the level of compensation. In these circumstances the process will 
take several years to complete. 
 
The Company continues to seek a negotiated settlement but is mindful of its 
obligations to maximise shareholder value. A further announcement will be made 
to shareholders in due course. 
 
 
Enquiries 
 
William Sinclair Holdings Plc                          Tel: 01522 537561 
Bernard Burns, Chief Executive 
Peter Williams, Finance Director 
 
Arbuthnot Securities                                        Tel: 020 7012 2000 
Alastair Moreton 
Alasdair Younie 
 
Madano Partnership                                         Tel: 020 7593 4000 
Mark Way 
www.madano.co.uk 
 
About William Sinclair 
 
William Sinclair Holdings Plc is one of the UK's leading producers of commercial 
horticulture and branded garden products. The company provides peat based and 
non peat based growing media and fertiliser products to the retail and 
commercial sectors. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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