HAR Harvard

TIDMHAR

RNS Number : 1505P

Harvard International PLC

28 September 2011

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

PRESS ANNOUNCEMENT

FOR IMMEDIATE RELEASE

29 September 2011

Harvard International plc

("Harvard" or "the Company")

FURTHER ANNOUNCEMENT IN RELATION TO A POSSIBLE OFFER UNDER RULE 2.4 OF THE TAKEOVER CODE

Further to the earlier announcement of the possible offer from Chengdu Geeya Technology Co. Ltd., the announcement of which is being made without the Offeror's consent, the Board of Harvard announces, in accordance with Rule 2.6(a) of the Code, that Chengdu Geeya Technology Co. Ltd. must, by not later than 5.00pm on 26 October 2011, either announce a firm intention to make an offer for the company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies.

This offer will be a cash offer but there can be no certainty that an offer will be made for the Company nor as to the terms on which any offer may be made.

Shareholders of Harvard are urged to take no action at this time. A further announcement will be made in due course.

Rule 2.10 Requirement

In accordance with Rule 2.10 of the Code, Harvard confirms that, as of the date of the announcement, it has in issue 51,275,685 ordinary shares of 10 pence each (excluding ordinary shares held in treasury). The International Securities Identification Number ("ISIN") number of the ordinary shares is GB0000130756 (erroneously previously stated as GB000130756).

Enquiries:

Harvard International plc Tel: 020 8238 7650

Bridget Blow, Chairman

Mike Ashley, Chief Executive Officer

Investec Tel: 020 7597 4000

James Grace

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any paper offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any paper offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a paper offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any paper offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any paper offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

Investec, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Harvard and for no one else in connection with the possible offer and will not be responsible to anyone other than Harvard for providing the protections afforded to clients of Investec nor for providing advice in relation to the possible offer or any other matters referred to in this announcement.

A copy of this announcement will be available on the website of the Company at www.harvardplc.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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