Bristol & West PLC
18 September 2007
Bristol & West plc
Further to the announcements on 19 February 2007, 6 and 14 June 2007, Bristol &
West plc ('Bristol & West') is pleased to announce that the High Court of
Justice has approved the application for the transfer of Bristol & West's
business to the United Kingdom branch of the Governor and Company of the Bank of
Ireland ('Bank of Ireland'), pursuant to a banking business transfer scheme
under Part VII of the Financial Services and Markets Act 2000 ('Scheme').
Further to the announcements on 19 February 2007, 6 June 2007 and 8 August 2007,
Bristol & West is also pleased to announce that the High Court of Justice has
confirmed the reduction in the share capital of Bristol & West (the 'Reduction')
as described in the circular dated 20 July 2007 to holders of 8.125 per cent.
non-cumulative non-redeemable preference shares of £1 each in Bristol & West
('Preference Shareholders').
The Scheme and the Reduction are expected to take effect on 1 October 2007. A
further announcement, which will include information on payments to be made to
electing Preference Shareholders under the Reduction, will be made by Bristol &
West once the Scheme and the Reduction have taken effect.
Ends
18 September 2007
Contact:
Richard Holden, Company Secretary, Bristol & West plc 00 44 117 943 2583
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