Result of Extraordinary General Meeting
12/09/2005
At an Extraordinary General Meeting (“EGM”) held earlier today, the shareholders of Charter passed a resolution (the “Resolution”) approving the proposed related party acquisition of the remaining 49% shareholding of South American welding and cutting businesses which Charter, or any of its subsidiaries, does not already own.
A copy of the Resolution has been submitted to the UK Listing Authority and will shortly be available at the UK Listing Authority's Document Viewing Facility situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Tel: (020) 7676 1000
Enquiries:
| Charter plc | +44 (0)20 7404 5959 |
| David Gawler | |
| Robert Careless | |
| Hoare Govett Limited | +44 (0)20 7678 8000 |
| Julian Goodwin | |
| Andrew Foster | |
| Brunswick | +44 (0)20 7404 5959 |
| Andrew Fenwick | |
| Pamela Small |
Hoare Govett Limited, which is authorised in the United Kingdom under the Financial Services and Markets Act 2000 and which is regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Charter plc in connection with the Acquisition and for no one else and will not be responsible to anyone other than Charter plc for providing the protections afforded to clients of Hoare Govett Limited or for providing advice in relation to the Acquisition.