SVC Salvesen (C)

    


Christian Salvesen



                             Christian Salvesen PLC

                     Effective date of scheme of arrangement
                             Cancellation of listing

Christian Salvesen PLC ("Christian Salvesen") announces that, at a hearing today
in the Court of Session, the Court granted an order confirming the reduction of
the share capital of Christian Salvesen as part of the scheme of arrangement
under section 425 of the Companies Act 1985 to effect the recommended
acquisition by Groupe Norbert Dentressangle S.A. of the entire issued and to be
issued ordinary share capital of Christian Salvesen (the "Scheme") on the terms
set out in a circular despatched by Christian Salvesen to its shareholders on
15 October 2007. A copy of the Court order has been delivered to and registered
by the Registrar of Companies. The Scheme accordingly became effective today.

Christian Salvesen will apply to the United Kingdom Listing Authority for the
cancellation of the listing of its ordinary shares on the Official List and to
the London Stock Exchange for the cancellation of the admission of its ordinary
shares to trading on the London Stock Exchange's market for listed securities,
in each case with effect from 8.00 am on 17 December 2007.

Enquiries:

Christian Salvesen                               Telephone: +44 (0)1604 737 100
Stewart Oades
Julian Steadman

UBS Limited                                      Telephone: +44 (0)20 7567 8000
Sean Bennett

Tulchan Communications Group                     Telephone +44 (0)20 7427 1566
Stephen Malthouse

UBS Limited, which is authorised and regulated in the United Kingdom by the
Financial Services Authority, is acting for Christian Salvesen and no one else
in relation to the Transaction and will not be responsible to anyone other than
Christian Salvesen for providing the protections afforded to clients of UBS
Limited or for providing advice in relation to the Transaction.

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