As at 5.00 p.m. on 30th October 2002, Jardine Strategic had received valid votes in favour of the Partial Offer in respect of 101,505,140 C&C shares, representing approximately 59.38 per cent. of shares allowed to vote under the terms of the Partial Offer. As a consequence, the only unsatisfied condition to the Partial Offer has been satisfied. Accordingly, the Partial Offer has become and was declared unconditional in all respects.
The Partial Offer shall remain open until 3.30 p.m. on 1st November 2002. Any acceptances received thereafter will be rejected.
Jardine Strategic is a holding company which takes long-term strategic investments in multinational businesses, particularly those with an Asian focus, and in other high quality companies with existing or potential links with the Jardine Matheson Group. Its principal attributable interests are in Jardine Matheson (51 per cent.), Dairy Farm (69 per cent.), Hongkong Land (41 per cent.), Mandarin Oriental (71 per cent.) and C&C (29 per cent.).