Re: Possible Offer for Barlo

RNS Number:4897N
Dr. Anthony Mullins
11 July 2003

                              Dr. Anthony Mullins











                                  11 July 2003







                        Re : Approach to Barlo Group plc





Dr Anthony Mullins notes today's announcement by Barlo Group plc ('Barlo' or the
'Company')  concerning his approach to the Company on behalf of himself and
members of the Barlo management team. He confirms that his approach, which may
or may not lead to an offer, was made on the basis of an offer price of Euro30 cent
for each Barlo share.  This matter is at a very early stage and there can be no
certainty that an offer will be made arising from this approach.



The holder of 1% or more of any relevant securities in Barlo may have disclosure
obligations under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules
2001, from the date of this announcement.







Enquiries :



Peter Crowley               IBI Corporate Finance Ltd                     Tel :
661 6633

Mark Spain



Gerry O'Sullivan           Q4 Public Relations                               Tel
: 475 1444

Angie Kinane





Dr Mullins accepts responsibility for the information contained in this
announcement.   To the best of his knowledge and belief (having taken all
reasonable care to ensure that such is the case) the information contained in
this announcement for which he takes responsibility is in accordance with the
facts and does not omit anything likely to affect the import of such
information.



IBI Corporate Finance Limited, which is authorised by the Irish Financial
Services Regulatory Authority, is acting for Dr Mullins and his team and no one
else in connection with the matter referred to in this announcement and will not
be responsible to anyone other than Dr Mullins and his team for providing the
protections afforded to clients of IBI Corporate Finance Limited nor for
providing advice in relation to the matter referred to in this announcement.







This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.








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