85GQ Anz Bank 43

RNS Number:6586E
Pilkington PLC
15 June 2006



Not for release, publication or distribution in or into Australia or New Zealand

                                                                    15 June 2006

                                 Pilkington plc

                 Recommended cash acquisition of Pilkington plc
                         by NSG UK Enterprises Limited

                   Court confirmation of reduction of capital

The boards of Pilkington plc ("Pilkington") and Nippon Sheet Glass Co., Ltd.
("NSG") are pleased to announce that the reduction of capital of Pilkington
comprised in the Scheme was sanctioned by the Court earlier today.

Dealings in Pilkington Shares on the London Stock Exchange are expected to be
suspended at 5:00 p.m. (London time) today. It is expected that the Scheme will
become effective on 16 June 2006 and that Pilkington Shares will cease to be
listed on the Official List and their admission to trading on the London Stock
Exchange will be cancelled at 8:00 a.m. (London time) on 16 June 2006.

Upon completion of the Acquisition, Pilkington Shareholders will be entitled to
receive 165 pence for each Pilkington Share held at the Scheme Record Time and,
to the extent that they have validly elected to receive Loan Notes under the
Loan Note Alternative, #1.00 of Loan Notes for each #1.00 of cash consideration
to which they would otherwise be entitled under the Scheme.

Settlement of the cash consideration, and the issue of certificates in respect
of the Loan Notes under the Loan Note Alternative, are expected to be effected
on or prior to 30 June 2006.

Capitalised terms in this announcement have the same meaning as in the Scheme
Document dated 16 March 2006.

Enquiries:

Pilkington plc
Iain Lough                                          01744 692 244
David Roycroft                                      020 7747 6000

Citigroup                                           020 7986 4000
Robert Swannell
Iain Robertson
Jonathan Steers

JPMorgan Cazenove                                   020 7588 2828
Edmund Byers
Steve Baldwin

Finsbury                                            020 7251 3801
Rupert Younger
Robin Walker

Nippon Sheet Glass Co., Ltd.                       +81 (0)3 5443 9505
Tomoaki Abe
Masakuni Nitta

Lazard                                             020 7187 2000
William Rucker
Richard Shaw

UBS Investment Bank                                020 7567 8000
Liam Beere
Benjamin Lee

Brunswick Group LLP                                020 7404 5959
Jonathan Glass
Justine McIlroy

The directors of Pilkington accept responsibility for the information contained
in this announcement and confirm that, to the best of their knowledge and belief
(having taken all reasonable care to ensure that such is the case), the
information contained in this announcement is in accordance with facts and does
not omit anything likely to affect the import of such information.

The directors of NSG UK and the directors of NSG accept responsibility for the
information contained in this announcement relating to NSG UK and NSG. To the
best of the knowledge and belief of the directors of NSG UK and the directors of
NSG (having taken all reasonable care to ensure that such is the case), the
information contained in this announcement is in accordance with facts and does
not omit anything likely to affect the import of such information.

Citigroup and JPMorgan Cazenove, which are authorised and regulated in the
United Kingdom by the Financial Services Authority, are acting exclusively for
Pilkington in connection with the Acquisition and will not be responsible to
anyone other than Pilkington for providing the protections afforded to their
respective clients or for providing advice in relation to the Acquisition.

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

UBS is acting exclusively for NSG and NSG UK and no one else in connection with
the Acquisition and will not be responsible to anyone other than NSG and NSG UK
for providing the protections afforded to the clients of UBS or for providing
advice in relation to the Acquisition.




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

END
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