Songbird Estates : Offer Update

Brookfield Property Partners L.P



5 March 2015

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, INTO OR FROM ANY STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

RECOMMENDED FINAL CASH OFFER

for

Songbird Estates plc ("Songbird")

and

MANDATORY RECOMMENDED CASH OFFER

for

Canary Wharf Group plc ("Canary Wharf Group")
by

entities jointly controlled by

Qatar Investment Authority ("QIA")

and

Brookfield Property Partners L.P. ("Brookfield")

1.   Songbird Offer

On 4 December 2014, QIA and Brookfield announced the terms of a final cash offer (the "Songbird Offer ") for the acquisition of the entire issued and to be issued ordinary share capital of Songbird (the "Songbird Shares "). The offer document relating to the Songbird Offer was posted to Songbird Shareholders on 30 December 2014 (the "Songbird Offer Document ").

On 5 February 2015, QIA and Brookfield announced that the Songbird Offer had become wholly unconditional.

Stork Holdco L.P. ("Bidco ") has now received acceptance from Qatar Holding LLC in respect of 211,746,156 Songbird Shares, representing approximately 28.6 per cent. of the existing issued share capital of Songbird. As such, as at 1.00 p.m. on 4 March 2015, Bidco had received valid acceptances in respect of 736,061,798 Songbird Shares, representing 99.4 per cent. of the entire issued share capital of Songbird.

2.   Compulsory acquisition of Songbird Shares

Bidco has now acquired not less than 90 per cent. of the Songbird Shares by nominal value and voting rights attaching to such shares to which the Songbird Offer relates.

Further to its announcement on 5 February 2015 regarding its intention to implement the compulsory acquisition procedure under Chapter 3 of Part 28 of the Companies Act 2006 (the "Act "), as set out in the Songbird Offer Document, Bidco announces the despatch today of formal compulsory acquisition notices under Sections 979 and 980 of the Act (the "Songbird Compulsory Acquisition Notices ") to Songbird Shareholders who have not yet accepted the Songbird Offer. These notices set out Bidco's intention to apply the provisions of Section 979 of the Act to acquire compulsorily any remaining Songbird Shares in respect of which the Songbird Offer has not been accepted on the same terms as the Songbird Offer.

Unless any of the Songbird Shareholders who have not to date accepted the Songbird Offer and who do not accept the Songbird Offer before Bidco decides to close the Songbird Offer (of which not less than 14 days' notice will be provided) apply to the court and the court orders otherwise, on the expiry of six weeks from the date of the Songbird Compulsory Acquisition Notices, being 16 April 2015, the Songbird Shares held by those Songbird Shareholders who have not accepted the Offer will be acquired compulsorily by Bidco on the same terms as the Songbird Offer. The consideration to which those Songbird Shareholders will be entitled will be held by Songbird as trustee on behalf of those Songbird Shareholders who have not accepted the Songbird Offer and they will be requested to claim their consideration by writing to Songbird at the end of the six week period.

3.   Further acceptances of the Songbird Offer

The Songbird Offer will remain open for acceptance until further notice.

Songbird Shareholders who wish to accept the Songbird Offer and who have not done so and hold their Songbird Shares in certificated form, should return their completed Form of Acceptance along with their share certificate(s) to the Receiving Agent by post at Computershare, Corporate Actions Projects, Bristol BS99 6AH or by hand (during normal business hours) at The Pavilions, Bridgwater Road, Bristol BS13 8AE. Further details on the procedures for acceptance of the Offer if you hold any of your Songbird Shares in certificated form are set out in paragraph 20(a) of Part I of the Songbird Offer Document, Part C of Appendix I to the Songbird Offer Document and in the accompanying Form of Acceptance.

If you hold your Songbird Shares, or any of them, in uncertificated form (that is, in CREST), to accept the Songbird Offer in respect of those Songbird Shares, you should follow the procedure for Electronic Acceptance through CREST so that the TTE instruction settles as soon as possible. Further details on the procedures for acceptance of the Songbird Offer if you hold any of your Songbird Shares in uncertificated form are set out in paragraph 20(b) of Part I of the Songbird Offer Document and in Part D of Appendix I to the Songbird Offer Document. If you hold your Songbird Shares as a CREST sponsored member, you should refer acceptance of the Songbird Offer to your CREST sponsor as only your CREST sponsor will be able to send the necessary TTE instruction to Euroclear.

A Songbird Shareholder who has any questions relating to the Songbird Offer, or who is in any doubt as to how to complete the Form of Acceptance should contact Computershare Investor Services PLC between 9.00 a.m. and 5.00 p.m. (London time) Monday to Friday on 0870 707 1288 from within the UK or [phone] if calling from outside the UK. Calls to the 0870 707 1288 number cost 10 pence per minute (including VAT) plus your service provider's network extras. Calls to the helpline from outside the UK will be charged at applicable international rates. Different charges may apply to calls from mobile telephone and calls may be recorded and randomly monitored for security and training purposes. The helpline cannot provide advice on the merits of the Songbird Offer nor give any financial, legal or tax advice.

Full details on how to accept the Songbird Offer are set out in the Songbird Offer Document, a copy of which is available on Bidco's website at www.songbirdoffer.com.

4.   Settlement of the Songbird Offer

Settlement of consideration to which any accepting Songbird Shareholder is entitled under the Offer will be despatched as follows: (i) in the case of acceptances which have been received and are valid and complete in all respects by 1.00 p.m. on the date of this announcement, within 10 days; or (ii) in the case of acceptances which are valid and complete in all respects and received after the date of this announcement but while the Offer remains open for acceptance, within 10 days of such receipt, in each case in the manner described in the Offer Document.

5.   Canary Wharf Group Offer

On 5 February 2015, QIA and Brookfield announced the terms of a mandatory cash offer (the "Canary Wharf Group Offer ") for the acquisition of the entire issued and to be issued ordinary share capital of Canary Wharf Group not owned by Songbird (the "Canary Wharf Group Shares "). The offer document relating to the Canary Wharf Group Offer was posted to Canary Wharf Group Shareholders on 13 February 2015 (the "Canary Wharf Group Offer Document ").

Stork Holdings Limited ("CWG Bidco ") has now received valid acceptances in respect of 44,572,955 Canary Wharf Group Shares held by Franklin Mutual Advisers, LLC and in respect of 8,400,120 Canary Wharf Group Shares held by British Columbia Investment Management Corporation in relation to their respective Canary Wharf Group Shares, representing approximately 8.3 per cent. of the existing issued share capital of Canary Wharf Group.

6.   Compulsory acquisition of Canary Wharf Group Shares

CWG Bidco has now acquired or unconditionally contracted to acquire, at a price not higher than the Canary Wharf Group Offer Price, not less than 90 per cent. of the Canary Wharf Group Shares by nominal value and voting rights attaching to such shares.

Further to its intention to implement the compulsory acquisition procedure under Chapter 3 of Part 28 of the Act, as set out in the Canary Wharf Group Offer Document, CWG Bidco announces the despatch today of formal compulsory acquisition notices under Sections 979 and 980 of the Act (the "Canary Wharf Group Compulsory Acquisition Notices ") to Canary Wharf Group Shareholders who have not yet accepted the Canary Wharf Group Offer. These notices set out CWG Bidco's intention to apply the provisions of Section 979 of the Act to acquire compulsorily any remaining Canary Wharf Group Shares in respect of which the Canary Wharf Group Offer has not been accepted on the same terms as the Canary Wharf Group Offer.

Unless any of the Canary Wharf Group Shareholders who have not to date accepted the Canary Wharf Group Offer and who do not accept the Canary Wharf Group Offer before CWG Bidco decides to close the Canary Wharf Group Offer (of which not less than 14 days' notice will be provided) apply to the court and the court orders otherwise, on the expiry of six weeks from the date of the Canary Wharf Group Compulsory Acquisition Notices, being 16 April 2015, the Canary Wharf Group Shares held by those Canary Wharf Group Shareholders who have not accepted the Canary Wharf Group Offer will be acquired compulsorily by CWG Bidco on the same terms as the Canary Wharf Group Offer. The consideration to which those Canary Wharf Group Shareholders will be entitled will be held by Canary Wharf Group as trustee on behalf of those Canary Wharf Group Shareholders who have not accepted the Canary Wharf Group Offer and they will be requested to claim their consideration by writing to Canary Wharf Group at the end of the six week period.

7.   Further acceptances of the Canary Wharf Group Offer

The Canary Wharf Group Offer will remain open for acceptance until further notice.

Canary Wharf Group Shareholders who wish to accept the Canary Wharf Group Offer and who have not done so and hold their Canary Wharf Group Shares in certificated form, should return their completed Form of Acceptance along with their share certificate(s) to the Receiving Agent by post at Computershare, Corporate Actions Projects, Bristol BS99 6AH or by hand (during normal business hours) at The Pavilions, Bridgwater Road, Bristol BS13 8AE. Further details on the procedures for acceptance of the Canary Wharf Group Offer if you hold any of your Canary Wharf Group Shares in certificated form are set out in paragraph 17(a) of Part II of the Canary Wharf Group Offer Document, Part B of Appendix I to the Canary Wharf Group Offer Document and in the accompanying Form of Acceptance.

If you hold your Canary Wharf Group Shares, or any of them, in uncertificated form (that is, in CREST), to accept the Canary Wharf Group Offer in respect of those Canary Wharf Group Shares, you should follow the procedure for Electronic Acceptance through CREST so that the TTE instruction settles as soon as possible. Further details on the procedures for acceptance of the Canary Wharf Group Offer if you hold any of your Canary Wharf Group Shares in uncertificated form are set out in paragraph 17(b) of Part II of the Canary Wharf Group Offer Document and in Part C of Appendix II to the Canary Wharf Group Offer Document. If you hold your Canary Wharf Group Shares as a CREST sponsored member, you should refer acceptance of the Canary Wharf Group Offer to your CREST sponsor as only your CREST sponsor will be able to send the necessary TTE instruction to Euroclear.

A Canary Wharf Group Shareholder who has any questions relating to the Canary Wharf Group Offer, or who is in any doubt as to how to complete the Form of Acceptance should contact Computershare Investor Services PLC between 8.30 a.m. and 5.30 p.m. (London time) Monday to Friday on 0870 703 6392 from within the UK or [phone] if calling from outside the UK. Calls from landline providers typically cost up to 12 pence per minute. Calls from mobile networks cost between 5 pence and 40 pence per minute. Calls from outside the UK are chargeable at applicable international rates. Calls may be recorded and randomly monitored for security and training purposes. The helpline cannot provide advice on the merits of the Canary Wharf Group Offer nor give any financial, legal or tax advice.

Full details on how to accept the Canary Wharf Group Offer are set out in the Canary Wharf Group Offer Document, a copy of which is available on Bidco's website at www.songbirdoffer.com.

8.   Settlement of the Canary Wharf Group Offer

Settlement of consideration to which any accepting Canary Wharf Group Shareholder is entitled under the Canary Wharf Group Offer will be despatched as follows: (i) in the case of acceptances which have been received and are valid and complete in all respects by 1.00 p.m. on the date of this announcement, within 14 days; or (ii) in the case of acceptances which are valid and complete in all respects and received after the date of this announcement but while the Canary Wharf Group Offer remains open for acceptance, within 14 days of such receipt, in each case in the manner described in the Canary Wharf GroupOffer Document.

9.   Further information

Copies of the Songbird Offer Document, the Canary Wharf Group Offer Document and the Forms of Acceptance in relation to the Songbird Offer and the Canary Wharf Group Offer are available (during normal business hours) from Computershare Investor Services PLC, Corporate Actions Projects, Bristol, BS99 6AH.

Defined terms used but not defined in this announcement have the meanings set out in the Songbird Offer Document as published on 30 December 2014.

The percentages of Songbird Shares referred to in this announcement are based upon a figure of 740,374,616 Songbird Shares in issue on 6 November 2014.

The percentages of Canary Wharf Group Shares referred to in this announcement are based upon a figure of 639,015,845 Canary Wharf Group Shares in issue on 11 February 2015.

Enquiries:
Canary Wharf Group	[phone]
John Garwood (Company Secretary)
Barclays Bank plc, acting through its Investment Bank (Joint financial adviser to QIA and Bidco )	[phone]
Derek Shakespeare Jean-Philippe Establier Tom Boardman (Corporate Broking)
Citigroup Global Markets Limited (Joint financial adviser to QIA and Bidco )	[phone]
Jan Skarbek Edward McBride Charles Lytle (Corporate Broking)
HSBC Bank plc (Financial adviser to Brookfield and joint financial adviser to Bidco )	[phone]
Oliver Smith Richard Choi Simon Alexander (Corporate Broking)
Finsbury (PR adviser to QIA)	[phone]
James Murgatroyd David Henderson
Smithfield (PR adviser to Brookfield)	[phone]
John Kiely Ged Brumby

Barclays, which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for QIA and Bidco and no one else in connection with the Songbird Offer and the Canary Wharf Group Offer and will not be responsible to anyone other than QIA and Bidco for providing the protections afforded to clients of Barclays nor for providing advice in relation to the Songbird Offer and the Canary Wharf Group Offer or any other matter referred to in this announcement.

Citigroup, which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for QIA and Bidco and no one else in connection with the Songbird Offer and the Canary Wharf Group Offer and will not be responsible to anyone other than QIA and Bidco for providing the protections afforded to clients of Citigroup nor for providing advice in relation to the Songbird Offer and the Canary Wharf Group Offer or any other matter referred to in this announcement.

HSBC, which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for Brookfield and Bidco and no one else in connection with the Songbird Offer and the Canary Wharf Group Offer and will not be responsible to anyone other than Brookfield and Bidco for providing the protections afforded to clients of HSBC nor for providing advice in relation to the Songbird Offer and the Canary Wharf Group Offer or any other matter referred to in this announcement.

This announcement is for information purposes only and 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, or the solicitation of any vote or approval of an offer to buy securities in any jurisdiction, pursuant to the Songbird Offer, Canary Wharf Group Offer or otherwise.

Any response in respect of the Songbird Offer should be made only on the basis of information contained in the Songbird Offer Document, which will contain the full terms of the Songbird Offer, including how the Songbird Offer may be accepted. Songbird Shareholders are advised to read the formal documentation in relation to the Songbird Offer carefully. Any response in respect of the Canary Wharf Group Offer should be made only on the basis of information contained in the Canary Wharf Group Offer Document, which will contain the full terms of the Canary Wharf Group Offer, including how the Canary Wharf Group Offer may be accepted. Canary Wharf Group Shareholders are advised to read the formal documentation in relation to the Canary Wharf Group Offer carefully. This announcement has been prepared for the purpose of complying with English law and the Code and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of jurisdictions outside the United Kingdom.

Overseas Shareholders

The Songbird Offer and Canary Wharf Group Offer are not capable of acceptance from or within any jurisdiction where to do so would violate the laws in that jurisdiction. Accordingly, persons reading this announcement or receiving the Songbird Offer Document or the Canary Wharf Group Offer Document, the Form of Acceptance for either the Songbird Offer or the Canary Wharf Group Offer and any accompanying document (including, without limitation, custodians, nominees and trustees) who have a contractual or legal obligation or who may otherwise intend to forward this announcement, the Songbird Offer Document or the Canary Wharf Group Offer Document, the Form of Acceptance for either the Songbird Offer or the Canary Wharf Group Offer and any accompanying document must not mail or otherwise distribute or send them in, into or from any jurisdiction where to do so would violate the laws in that jurisdiction, as doing so may invalidate any purported acceptance of the Songbird Offer or the Canary Wharf Group Offer. The availability of the Songbird Offer to Songbird Shareholders, and the availability of the Canary Wharf Group Offer to Canary Wharf Group Shareholders, in each case who are not resident in the United Kingdom, or who are citizens, residents or nationals of jurisdictions outside the United Kingdom or who are nominees of, or custodians or trustees for, citizens, residents or nationals of other jurisdictions, may be prohibited or affected by the laws of the relevant jurisdictions in which they are citizens or of which they are residents or nationals. Such persons should inform themselves of, and observe, any applicable legal or regulatory requirements of their jurisdictions.

Any Songbird Shareholder or Canary Wharf Group Shareholder who is in any doubt as to what action he/she should take is recommended to seek his/her personal financial advice immediately from his/her stockbroker, bank manager, solicitor, accountant or other independent financial adviser who, if such person is taking advice in the United Kingdom, is authorised pursuant to the Financial Services and Markets Act 2000 or, if such person is in a territory outside the United Kingdom, from an appropriately authorised independent financial adviser.

Notice to US investors

The Songbird Offer and the Canary Wharf Group Offer were made for securities of a United Kingdom company and Songbird Shareholders and Canary Wharf Group Shareholders in the United States should be aware that this announcement, the Songbird Offer Document, the Canary Wharf Group Offer Document and any other documents relating to the Songbird Offer or the Canary Wharf Group Offer have been or will be prepared in accordance with the Code and United Kingdom disclosure requirements, format and style, all of which differ from those in the United States. Songbird's and Canary Wharf Group's financial statements, and all financial information that is included in this announcement or that may be included in the Songbird Offer Document, Canary Wharf Group Offer Document or any other documents relating to the Songbird Offer or Canary Wharf Group Offer, have been or will be prepared in accordance with United Kingdom generally accepted accounting principles and International Financial Reporting Standards and may not be comparable to financial statements of United States companies.

The Songbird Offer and the Canary Wharf Group Offer were made in the United States pursuant to applicable US tender offer rules and securities laws (or pursuant to exemptive relief therefrom granted by the United States Securities and Exchange Commission (the "SEC")) and otherwise in accordance with the requirements of the Code, the Panel, the London Stock Exchange and the UK Financial Conduct Authority. Accordingly, the Songbird Offer and the Canary Wharf Group Offer will be subject to disclosure and other procedural requirements, including with respect to withdrawal rights, offer timetable, settlement procedures and timing of payments that are different from those applicable under United States domestic tender offer procedures and law.

In accordance with the Code and normal United Kingdom market practice and subject to exemptive relief granted by the SEC from Rule 14e-5 under the United States Securities Exchange Act of 1934, as amended (the "Exchange Act"), or pursuant to Rule 14e-5(b) under the Exchange Act (if applicable), Bidco and CWG Bidco or their nominees or brokers (acting as agents) may from time to time make certain purchases of, or arrangements to purchase, Songbird Shares and Canary Wharf Group Shares outside the United States, otherwise than pursuant to the Songbird Offer or Canary Wharf Group Offer, respectively, before or during the period in which the Songbird Offer or Canary Wharf Group Offer, respectively, remains open for acceptance, such as in open market purchases at prevailing prices or privately negotiated purchases at negotiated prices. Such purchases, or arrangements to purchase, will comply with all applicable United Kingdom rules, including the Code and the rules of the London Stock Exchange. In addition, in accordance with the Code, normal United Kingdom market practice and Rule 14e-5(b) of the Exchange Act, Barclays, Citigroup and HSBC will continue to act as exempt principal traders in Songbird securities on the London Stock Exchange. These purchases and activities by exempt principal traders which are required to be made public in the United Kingdom pursuant to the Code will be reported to a Regulatory Information Service and will be available on the London Stock Exchange website at www.londonstockexchange.com. This information will also be publicly disclosed in the United States to the extent that such information is made public in the United Kingdom.

Forward looking statements

This announcement, the Songbird Offer Document and the Canary Wharf Group Offer Document contain statements which are, or may be deemed to be, "forward-looking statements" which are prospective in nature.  All statements other than statements of historical fact may be forward-looking statements.  They are based on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.  Often, but not always, forward-looking statements can be identified by the use of forward-looking words such as "plans", "expects", "is expected", "is subject to", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "targets", "aims", "projects" or words or terms of similar substance or the negative thereof, as well as variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.  Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Such forward-looking statements involve risks and uncertainties that could significantly affect expected results and are based on certain key assumptions.  Many factors could cause actual results to differ materially from those projected or implied in any forward-looking statements.  Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this announcement.  Any forward-looking statements made in this announcement, the Songbird Offer Document or the Canary Wharf Group Offer Document are made as of the date of this announcement, the Songbird Offer Document or the Canary Wharf Group Offer Document (as applicable) based on the opinions and estimates of Brookfield and QIA.  Each of Bidco, CWG Bidco, Brookfield, QIA and their respective members, directors, officers, employees, advisers and any person acting on behalf of one or more of them, expressly disclaims any intention or obligation to update or revise any forward-looking or other statements contained in this announcement, the Songbird Offer Document or the Canary Wharf Group Offer Document, whether as a result of new information, future events or otherwise, except as required by applicable law.

None of Bidco, CWG Bidco, Brookfield and QIA, nor their respective members, directors, officers or employees, advisers or any person acting on their behalf, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur.

No forward-looking or other statements have been reviewed by the auditors of Bidco, CWG Bidco, Brookfield, QIA, Songbird or Canary Wharf Group. All subsequent oral or written forward-looking statements attributable to any of Bidco, CWG Bidco, Brookfield, QIA, or their respective members, directors, officers, advisers or employees or any person acting on their behalf are expressly qualified in their entirety by the cautionary statement above.

Disclosure requirements of the Takeover Code (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 securities exchange 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 securities exchange 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 securities exchange 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 securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange 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 securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange 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 securities exchange 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 securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

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 athttp://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 [phone] if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

Publication on Website

A copy of this announcement and the display documents required to be published pursuant to Rule 26 of the Code are available, free of charge and subject to certain restrictions relating to persons in Restricted Jurisdictions, on Bidco's website atwww.songbirdoffer.com.

This information is provided by RNS

The company news service from the London Stock Exchange

ENDOUPUVSORVOAORAR