NAE Nord Anglia ED.

    RNS Number : 2563W
  Baring Private Eqty Asia IV Hldg(7)
  09 June 2008
   

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

    Baring Private Equity Asia ("Baring") notes the announcement made by Nord Anglia Education PLC ("Nord Anglia") this morning and confirms
that it had previously made an approach to Nord Anglia which has been rejected and it is continuing to consider making an offer for Nord
Anglia.
      
    There is no certainty that any offer will be made nor as to the terms on which any offer might be made.

    A further announcement will be made in due course, as appropriate.


    This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to
purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or
otherwise.
    The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into
whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the
restrictions may constitute a violation of the securities law of any such jurisdiction.

    Dealing Disclosure Requirements 
    Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any person is, or becomes, "interested" (directly or indirectly)
in 1% or more of any class of "relevant securities" of Nord Anglia, all "dealings" in any "relevant securities" of Nord Anglia (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date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer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 Nord Anglia, they will be deemed to be a single person for the purpose of Rule 8.3.
    Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of Nord Anglia by Baring or Nord Anglia, or by any
of their respective "associates", must be disclosed by no later than 12.00 noon (London time) on the London business day following the date
of the relevant transaction.
    A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of
such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk.
    "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 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.
This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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