AGS Aegis Grp.

TIDMAGS

RNS Number : 6454A

Dentsu Inc.

22 March 2013

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

22 March 2013

Recommended cash offer

for

Aegis Group plc

by

Dentsu Inc.

Offer Update - Clarification

This announcement supersedes the announcement made at 7am and includes amendments to the second paragraph of the earlier announcement.

With respect to the scheme of arrangement in relation to Aegis Group plc ("Aegis"), the court proceedings to sanction the Scheme will take place in the UK later today in accordance with the UK Takeover Code and previous announcements.

Dentsu Inc ("Dentsu") confirms that it is still awaiting approval from MOFCOM. Dentsu respects PRC rules and so will wait for MOFCOM's approval prior to taking management control and implementing the integration of Aegis. Dentsu will not make any further comment on this matter until MOFCOM clearance has been received.

As previously announced jointly by Aegis and Dentsu on 13 March, the Second Court Hearing is expected to take place on 26 March 2013.

Defined terms used in this announcement have the same meanings as are given to them in the Scheme Document.

 
 Enquiries: 
 Dentsu                                                       +81 3 6216 5111 
 Tadashi Ishii, President & Chief Executive 
  Officer 
  Shoichi Nakamoto, Executive Vice President 
  Tim Andree, President & Chief Executive Officer, 
  Dentsu Network 
  Yumiko Toyoda, Senior Manager, Investor Relations 
  Group                                                        +1 212 397 3333 
  Shusaku Kannan, Senior Manager, Corporate Communications      +81 3 6216 8015 
  Division                                                      +81 3 6216 8042 
  Morgan Stanley 
   (Dentsu's Financial Adviser)                               +44 20 7425 8000 
 Ian Hart 
  Laurence Hopkins 
  Hironobu Wakabayashi                                         +81 3 5424 5000 
 

IMPORTANT NOTICES

Morgan Stanley is acting exclusively for Dentsu and no one else in connection with the Acquisition and this announcement and will not be responsible to anyone other than Dentsu for providing the protections afforded to clients of Morgan Stanley or for providing advice in connection with the Acquisition or any matter referred to herein.

You may request a hard copy of this announcement by contacting Aegis's registrar, Computershare Investor Services PLC on 0870 889 3174 (from inside the UK) or +44 870 889 3174 (from outside the UK). You may also request that all future documents, announcements and information to be sent to you in relation to the Acquisition should be in hard copy form.

Publication on Website

A copy of this announcement will be made available subject to certain restrictions relating to persons resident in Restricted Jurisdictions, free of charge, on www.dentsu.com by no later than noon (London time) on 25 March 2013.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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