No link between Schoeller-Path and Europrofit

The CSE Council informed the investing public that at the meeting held on April 19, 2007, it decided that it has not at its disposal certain data proving that Schoeller Holdings Ltd and Path Holdings Ltd acted in agreement with Europrofit Capital Investors Public Ltd for the Public Offer, proceeding – via the company – to purchase of titles of Universal Bank Public Ltd at a higher price than that offered to the shareholders of Universal Bank Public Ltd at the Revised Public Offer document by Schoeller Holdings Ltd and Path Holdings Ltd.
As a result, Regulation 16 of the CSE Regulations (Public Offer for the Acquisition or Purchase of Titles and Merger of Companies listed in the Stock Market) will not be activated with regard to the automatic revision of the Public Offer for the acquisition of a stake in the share capital of Universal Bank Public Ltd by Schoeller Holdings Ltd and Path Holdings Ltd at the price of EUR2.50.