Stmnt re Share Price Movement

RNS Number:1720O
ClinPhone plc
18 February 2008

For immediate release
18 February 2008



                                 ClinPhone Plc

                       Statement re: Share price movement



The Board of ClinPhone Plc ("ClinPhone" or the "Company") notes the announcement
on Friday by PAREXEL International Corporation ("PAREXEL"). The Board of
ClinPhone confirms that it has received a preliminary approach from PAREXEL
regarding a possible offer for the Company.  The Board believes the indicated
value materially undervalues the Company and its prospects and the Board
therefore rejected this approach.


In accordance with Rule 2.10 of the City Code on Takeovers and Mergers,
ClinPhone Plc confirms that it has 67,236,612 ordinary shares of 1 pence each in
issue as at the close of business on 15 February 2008. The ISIN reference for
these securities is GB00B0ZL4M73.


Contact:
ClinPhone                                                [phone]
Edwin Moses, Chairman
Steve Kent, Chief Executive



Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any
person is, or becomes, "interested" (directly or indirectly) in 1% or more of
any class of "relevant securities" of the offeree company (ClinPhone Plc), 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 3.30 pm (London time)
on the London business day following the date of the relevant transaction. This
requirement will continue until the date on which the 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declared, unconditional as to acceptances, lapses or is otherwise withdrawn or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 offeree 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 offeree company by the offeror or the offeree company, 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 Takeover Panel's 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.



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