Centrica PLC (CNA.LN), a U.K. oil and gas company, said Monday that it has acquired a further 1,380,858 ordinary shares in Venture Production PLC (VPC.LN) equivalent to 0.92% of Venture's issued share capital, at a price of 845 pence per share.

MAIN FACTS:

-Centrica Resources now holds a total of 44,781,179 ordinary shares of Venture, equivalent to 29.9% of Venture's issued share capital.

-Centrica Resources notes that Rule 5 of the City Code on Takeovers and Mergers restricts the acquisition of 30% or more of the voting rights in Venture, unless it receives offeree board recommendation for the acquisition or other certain other conditions specified under Rule 5.2 (c) are met.

-Further announcements will be made as and when appropriate.

 -By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
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