Cancellation of Trading

RNS Number:8625D
IXEurope PLC
14 September 2007

14 September 2007


Not for release, publication or distribution in whole or in part, in, into or
from the United States or any other jurisdiction where to do the same would
constitute a violation of the relevant laws of such jurisdiction


                                  IXEurope plc

                  Cancellation of trading of securities on AIM


IXEurope plc ("IXEurope", AIM:IXE) announced on 11 September 2007 that, at a
hearing held on that date, the Court sanctioned the Scheme of Arrangement by
which the recommended acquisition of IXEurope by Equinix UK Limited (a
wholly-owned subsidiary of Equinix, Inc.) ("Equinix") is to be effected and
confirmed the associated reduction of capital.

IXEurope is pleased to announce that the Court Order has been delivered to and
registered with the Registrar of Companies today and that, accordingly, the
Scheme has become effective.

At the request of IXEurope, the London Stock Exchange will cancel trading in the
IXEurope Shares from AIM with effect from 7.30 a.m. on 17 September 2007.

In addition, IXEurope announces that Steve Smith, Keith Taylor and Brandi Galvin
Morandi will be appointed as directors of IXEurope, and Sir Anthony Cleaver,
Richard Mead, Eric Rinner and David Lister will resign as directors of IXEurope.

Capitalised terms in this announcement have the same meaning as in the Scheme
Document dated 26 July 2007.


Enquiries

College Hill Associates (PR Adviser to IXEurope)      Tel: [phone]
Adrian Duffield

Lazard (financial adviser to IXEurope)                Tel: [phone]

Cyrus Kapadia
Vincent Le Stradic

Lazard, which is authorised and regulated in the United Kingdom by the Financial
Services Authority, is acting exclusively for IXEurope and no one else in
connection with the Acquisition and will not be responsible to anyone other than
IXEurope for providing the protections afforded to clients of Lazard or for
providing advice in relation to the Acquisition or any offer or arrangement
referred to herein.

The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about and observe such restrictions.

This announcement has been prepared for the purpose of complying with English
law, the AIM Rules 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 and regulations of any jurisdiction outside
the United Kingdom.

Notice to shareholders of IXEurope in the United States: the Acquisition relates
to the shares of a company incorporated in England and Wales and are proposed to
be implemented by means of a scheme of arrangement provided for under English
company law. A transaction effected by means of a scheme of arrangement is not
subject to the tender offer rules under the United States Securities Act of
1933, as amended. Accordingly, the Acquisition is subject to the disclosure
requirements and practices applicable in England and Wales to schemes of
arrangement which differ from the disclosure requirements of the tender offer
rules under the United States Securities Act of 1933, as amended. Financial
information included in the relevant documentation will have been prepared in
accordance with accounting standards applicable in the United Kingdom that may
not be comparable to the financial statements of companies in the United States.

Under the provisions of Rule 8.3 of the City Code, if any person is, or becomes,
"interested" (directly or indirectly) in 1% or more of any class of "relevant
securities" of IXEurope, 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
IXEurope, they will be deemed to be a single person for the purpose of Rule 8.3.

"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 City 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.

If you are in any doubt as to the application of Rule 8 to you, please contact
an independent financial adviser authorised under the Financial Services and
Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or
contact the Panel on telephone number [phone]; fax number +44 (0)
20 7236 7013.


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