L'OrÃ©al offer to the Body Shop International Shareholders extended to 31 May 2006Further to the announcements made on 17 March 2006 and 12 April 2006, L'OrÃ©al announces that, as at 1.00 p.m. (London Time) on 3 May 2006, being the first closing date of the recommended cash offer for the entire ordinary share capital of The Body Shop International PLC ("The Body Shop"), valid acceptances of the Offer had been received in respect of 172,793,857 The Body Shop Shares representing approximately 79.44 per cent of the existing issued ordinary share capital of The Body Shop.
Therefore, including the 22,800,000 The Body Shop Shares already held by L'OrÃ©al, L'OrÃ©al has acquired, or received valid acceptances of the Offer in respect of 195,593,857 The Body Shop Shares in aggregate representing 89.92 per cent of the existing issued ordinary share capital of The Body Shop.
The Offer has been extended and will remain open for acceptance until 1.00 p.m. ( London time) on 31 May 2006 . "This news release does not constitute an offer to sell, or a solicitation of an offer to buy, LÂ’OrÃ©al shares. If you wish to obtain more comprehensive information about LÂ’OrÃ©al, please refer to the public documents registered in France with the AutoritÃ© des MarchÃ©s Financiers.
This news release may contain some forward-looking statements. Although the Company considers that these statements are based on reasonable hypotheses at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual results to differ materially from those indicated or projected in these statements."
Contacts at L'OREALIndividual shareholders and market authorities
Mr Jean-RÃ©gis CAROF
Tel. : +220.127.116.11.83.02
Financial analysts and institutional investors
Mrs Caroline MILLOT
Tel. : +18.104.22.168.86.82
Fax : +22.214.171.124.80.02
Mr Mike RUMSBY
Tel. : +126.96.36.199.76.71