Statement re Possible Offer

 
TIDMESN 
 
ESSENTIALLY GROUP LIMITED 
 
                  ("Essentially" or the "Company") 
 
                Announcement regarding possible offer 
 
The board of Essentially notes the recent movement in the price of 
the Company's shares and announces that it is in preliminary 
discussions with a third party which may or may not lead to an offer 
being made for the entire issued share capital of the Company. 
 
Shareholders of the Company should be aware that there is no 
certainty that an offer will be forthcoming. 
 
A further announcement will be made in due course. 
 
Rule 2.10 Requirement 
 
In accordance  with Rule  2.10  of the  City  Code on  Takeovers  and 
Mergers, England confirms that it currently has in issue  225,675,535 
ordinary shares of 0.1p each. 
The International Securities Identification Number for the ordinary 
shares is GB0032118878. 
 
Contact: 
 
 
Bart Campbell               020 7820 7000 
Essentially Group Limited 
 
Nick Wells/Beth McKiernan   020 7397 8900 
Cenkos Securities plc 
 
 
Dealing Disclosure Requirements:- 
 
Under the provisions of  Rule 8.3 of the  City Code on Takeovers  and 
Mergers (the  "Code"), if  any person  is, or  becomes,  "interested" 
(directly or indirectly)  in one per  cent. or more  of any class  of 
"relevant securities" of the Company, all "dealings" in any "relevant 
securities" of  that company  (including  by means  of an  option  in 
respect  of,  or  a  derivative  referenced  to,  any  such  relevant 
securities) must  be  publicly  disclosed by  no  later  than  3.30pm 
(London time) on the  London business day following  the date of  the 
relevant transaction. This requirement  will continue until the  date 
on which  any offer  becomes,  or is  declared, unconditional  as  to 
acceptances, lapses or is otherwise withdrawn or on which the  "offer 
period" otherwise ends. If two or more persons act together  pursuant 
to an  agreement or  understanding, whether  formal or  informal,  to 
acquire an "interest" in "relevant  securities" of the Company,  they 
will be deemed to be a single person for the purpose of Rule 8.3. 
 
Under the  provisions of  Rule 8.1  of the  Code, all  "dealings"  in 
"relevant securities"  of  the  Company  by the  Company  or  by  the 
potential offeror, or by any  of their respective "associates",  must 
be disclosed by no later than 12.00 noon (London time) on the  London 
business day following the date of the relevant transaction. 
 
A  disclosure  table,  giving  details  of  the  companies  in  whose 
"relevant securities" "dealings" should be disclosed, and the  number 
of such  securities  in  issue, can  be  found  on the  UK  Panel  on 
Takeovers    and     Mergers'     (the    "Panel")     website     at 
www.thetakeoverpanel.org.uk. 
 
"Interests in securities" arise, in  summary, when a person has  long 
economic exposure, whether conditional or absolute, to changes in the 
price of  securities. In  particular,  a person  will be  treated  as 
having an  "interest"  by  virtue  of the  ownership  or  control  of 
securities, or by virtue of any  option in respect of, or  derivative 
referenced to, securities. 
 
Terms in quotation marks are defined  in the Code, which can also  be 
found on the Panel's website. If you  are in any doubt as to  whether 
or not you  are required to  disclose a "dealing"  under Rule 8,  you 
should consult the Panel. 
 
The Company's  Directors accept  responsibility for  the  information 
contained in  this announcement.  To the  best of  the knowledge  and 
belief of the Company's Directors (who have taken all reasonable care 
to ensure that such is the  case), the information contained in  this 
announcement is  in  accordance with  the  facts and  does  not  omit 
anything likely to affect the import of such information. 
 
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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.