Offer Update

RNS Number:5894Q
Scamp Holdings Limited
01 February 2007




NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION
WHERE IT WOULD BE UNLAWFUL TO DO SO







                                                                 1 February 2007



                        SCAMP Holdings Limited ("SCAMP")



Offer update - Recommended Cash Offer for Teesland Plc ("Teesland") wholly
unconditional







1.  Offer declared wholly unconditional in all respects



SCAMP is pleased to announce that all conditions relating to the Offer, as set
out in the Offer Document dated 22 December 2006, have now been satisfied or
waived. Therefore the Offer is unconditional in all respects.



The Offer remains open for acceptance until further notice. Teesland
Shareholders who wish to accept the Offer and who have not done so, and who hold
Teesland Shares in certificated form are urged to complete, sign and return the
Form of Acceptance as soon as possible and, in any event, so as to be received
by post or by hand by Capita Registrars at Corporate Actions, The Registry, 34
Beckenham Road, Beckenham, Kent BR3 4TH.  Teesland Shareholders who hold
Teesland Shares in uncertificated form (that is, in CREST) who wish to accept
the Offer are urged to accept the Offer by TTE instructions as soon as possible
and, in any event, so as to be settled.



2.  Consideration



The consideration due under the Offer in respect of valid acceptances received
on or before the date of this announcement will be dispatched by first class
post on or before 15 February 2007. Settlement of consideration in respect of
any further valid acceptances will be dispatched within 14 days of receipt of
such acceptances.



Capitalised terms used, but not defined in this announcement have the same
meaning as given to them in the offer document dated 22 December 2006 containing
the Offer, unless otherwise indicated.



Enquiries:


SCAMP                                                  Tel: [phone]

Kevin McCabe
UBS (Financial Adviser and broker to SCAMP)            Tel: [phone]

Liam Beere

Mario Fera
Tavistock Communications Group 
(Financial Public Relations Adviser to SCAMP)          Tel: [phone]

Jeremy Carey

Richard Sunderland



Responsibility

The SCAMP Directors accept responsibility for all information in this
announcement. To the best of the knowledge and belief of the SCAMP Directors
(who have taken all reasonable care to ensure that such is the case), the
information contained in this Announcement for which they are responsible is in
accordance with the facts and does not omit anything likely to affect the import
of such information.

General

UBS is acting exclusively as financial adviser to SCAMP and for no one else in
connection with the Offer and will not be responsible to anyone other than SCAMP
for providing the protections afforded to clients of UBS or for providing advice
in relation to the Offer, the contents of this announcement or any other matter
referred to therein.

This announcement is not intended to and does not constitute, or form any part
of, any offer to sell or any solicitation of any offer to purchase or subscribe
for any securities or the solicitation of any vote or approval in any
jurisdiction.  Any acceptance or other response to the Offer should be made only
on the basis of the information contained or referred to in the Offer Document
and the Form of Acceptance.  The laws of relevant jurisdictions may affect the
availability of the Offer to persons not resident in the United Kingdom.
Persons who are not resident in the United Kingdom, or who are subject to the
laws of any jurisdiction other than the United Kingdom, should inform themselves
about and observe any applicable legal or regulatory requirements of their
jurisdiction.  The Offer Document is available for public inspection.

Unless otherwise determined by SCAMP, the Offer is not being made, directly or
indirectly, in, into or from or by the use of mails of, or by any means of
instrumentality (including, without limitation, telephonically or
electronically) of interstate or foreign commerce of, or through any facilities
of a national securities exchange of the United States, Canada, Australia or
Japan and the Offer is not capable of acceptance by any such use, means,
instrumentality or facilities or from or within the United States, Canada,
Australia or Japan.  Accordingly, copies of this announcement are not being, and
must not be, mailed or otherwise forwarded, distributed or sent in, into or from
the United States, Canada, Australia or Japan and persons receiving this
announcement (including, without limitation, custodians, nominees and trustees)
must not mail or otherwise forward, distribute or send it in, into or from any
such jurisdiction.  Doing so may render invalid any purported acceptance of the
Offer. This announcement has been prepared for the purpose of complying with
English law and the City Code and the information disclosed may not be the same
as that which would have been disclosed if this announcement had been prepared
in accordance with the laws of jurisdictions outside England.




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

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