DMGO Daily Mail Tst.

RNS Number:5104E
Bristol United Press PLC
26 January 2000



(NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES 
OF AMERICA, CANADA, AUSTRALIA OR JAPAN)

                Recommended cash offer by ING Barings Limited
                on behalf of Daily Mail and General Trust plc
                       for Bristol United Press plc

                        OFFER WHOLLY UNCONDITIONAL


ING Barings announces on behalf of DMGT that following yesterday's 
announcement that the Secretary of State for Trade and Industry has decided 
not to refer the proposed acquisition of BUP by DMGT to the Competition 
Commission, all the conditions of the Offer have been satisfied and, 
accordingly, the Offer is now wholly unconditional.  The Offer, including 
the Loan Note Alternative, will remain open for acceptance until further 
notice.

As at 3.00 p.m. on 26 January 2000, DMGT owned or had received valid 
acceptances of the Offer in respect of a total of 14,897,147 BUP Shares, 
representing approximately 91.1 per cent. of the existing issued ordinary 
share capital of BUP.

As at 3.00 p.m. on 26 January 2000, valid acceptances of the Offer had been 
received in respect of 10,974,359 BUP Shares, representing approximately 
67.1 per cent. of the existing issued ordinary share capital of BUP.  These 
acceptances include valid acceptances of the Offer received from all the 
Non-DMGT Directors of BUP in accordance with the irrevocable undertakings 
to accept the Offer given by them in respect of their entire holdings, 
which total 9,800 BUP Shares, representing approximately 0.06 per cent. of 
the existing issued ordinary share capital of BUP.

Prior to the commencement of the offer period, DMGT owned 3,922,788 BUP 
Shares, which, when aggregated with the 964,372 BUP Shares owned by the 
Harmsworth and Mail Newspapers Pension Schemes, the 3,200 BUP Shares owned 
by the DMGT Directors of BUP and the 1,000 BUP Shares held by Williams de 
Broe as nominee (all of which are acting, or deemed to be acting, in 
concert with DMGT for the purposes of the City Code), represent 
approximately 29.9 per cent. of BUP's existing issued ordinary share 
capital. Valid acceptances have been received in respect of the 968,572 BUP 
Shares owned by persons acting, or deemed to be acting, in concert with 
DMGT, representing approximately 5.9 per cent. of BUP's existing issued 
ordinary share capital.

Save as set out above and in the Offer Document, neither DMGT, nor any 
person acting, or deemed to be acting, in concert with DMGT, has acquired 
or agreed to acquire any BUP Shares (or rights over BUP Shares) during the 
offer period and no acceptances of the Offer have received from any person 
acting or deemed to be acting in concert with DMGT.

The consideration due to accepting BUP Shareholders, including Loan Notes, 
is expected to be despatched either on or before 9 February 2000, in 
respect of acceptances complete in all respects and received not later than 
3.00 p.m. on 26 January 2000, or within 14 days of the date of receipt of 
further acceptances which are valid and complete in all respects.  
Proposals to holders of options under the BUP Share Option Schemes will be 
posted in due course.

As stated in the Offer Document, it is DMGT's intention to procure that BUP 
applies to the London Stock Exchange for BUP Shares to be de-listed and to 
seek to re-register BUP as a private company.  It is anticipated that, with 
the consent of the London Stock Exchange, the cancellation of the listing 
on the London Stock Exchange will take effect on 23 February 2000, being 
the date twenty business days from 26 January 2000, the date on which the 
Offer became wholly unconditional.

BUP Shareholders who have not yet accepted the Offer should complete and 
despatch their Forms of Acceptance as soon as possible.

Enquiries:

ING Barings                   Nicholas Gold             0171 767 1000
                              Dominic Wallis


Definitions used in the Offer Document have the same meanings in this 
announcement, unless otherwise indicated.
The Offer, including the Loan Note Alternative, is not being made, directly 
or indirectly, in or into the United States, Canada, Australia and Japan, 
or to any resident of the United States, Canada, Australia or Japan or by 
use of the mails of, or by any means or instrumentality of interstate or 
foreign commerce of, or any facilities of a national securities exchange 
of, any of the aforesaid jurisdictions.  This includes, but is not limited 
to, post, facsimile transmission, telex, or any other electronic forms of 
transmission and telephone.  Accordingly, copies of this announcement are 
not being and must not be mailed, forwarded or otherwise distributed or 
sent in, into or from the United States, Canada, Australia, or Japan 
including to BUP Shareholders or participants in the BUP Share Option 
Schemes with registered addresses in any of the aforesaid jurisdictions or 
to persons whom DMGT knows, or has reason to believe, to be custodians, 
trustees or nominees holding BUP Shares for persons with addresses in any 
of the aforementioned jurisdictions.  Persons receiving this announcement 
(including, without limitation, custodians, nominees and trustees) must not 
distribute or send it in, into or from the United States, Canada, Australia 
or Japan.

ING Barings, which is regulated by The Securities and Futures Authority 
Limited, is acting for DMGT and no-one else in connection with the Offer 
and will not be responsible to anyone other than DMGT for providing the 
protections afforded to customers of ING Barings nor for providing advice 
in relation to the Offer.


END



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