RNS Number:5637I
Azlan Group PLC
11 March 2003

11 March 2003

Azlan Group PLC

Azlan Shareholders approve resolutions in connection with Tech Data (UK)'s
recommended acquisition of Azlan by means of a Scheme of Arrangement



Azlan announces that at the Court Meeting held earlier today a majority in
number, representing in aggregate 99.8% in value, of the Azlan Shareholders
present and voting (either in person or by proxy) approved the Scheme. At the
Extraordinary General Meeting held immediately after the Court Meeting the
requisite majority of Azlan Shareholders also passed the special resolution
proposed in connection with the Scheme.

The Scheme remains conditional upon the sanction of the Scheme and confirmation
of the reduction of capital involved therein by the Court, satisfactory
clearances of the acquisition by each of the European Commission and the Czech
Competition Office and satisfaction or waiver of the other conditions set out in
the circular to Azlan Shareholders dated 14 February 2003 (the "Shareholder
Circular"). The Court hearings are expected to take place on 26 and 28 March
2003.

Provided that the conditions set out above are satisfied within the anticipated
timetable, it is expected that the Scheme will become effective on or about 31
March 2003 and that the Consideration will be despatched or settled through
CREST no later than 14 days thereafter.

Unless otherwise defined, expressions used in this announcement have the same
meanings as given to them in the Shareholder Circular.

Enquiries:

Azlan Group PLC
     Peter Bertram, Chief Executive                         +44 (0)118 989 7762
     Robert Contreras, Finance Director                    +44 (0)118 989 7762

Brunswick
     Andrew Fenwick                                   +44 (0)20 7404 5959

UBS Warburg - financial adviser and broker to Azlan
     Hew Glyn Davies                                   +44 (0)20 7567 8000

Tech Data/Tech Data (UK)
     Steven A. Raymund, Chairman and CEO               +1 727 539 7429
     Jeffery P. Howells, Executive Vice President and CFO     +1 727 539 7429

Banc of America Securities - financial adviser to Tech Data and Tech Data (UK)
     William Wells                                   +44 (0)20 7634 4800


Notes:


On 6 February 2003, the Azlan Board and the boards of Tech Data and Tech Data
(UK) announced a recommended proposal for Tech Data (UK) to acquire the entire
issued and to be issued share capital of Azlan for cash by way of a scheme of
arrangement. The proposal values each Azlan Share at 125 pence, valuing the
whole of the issued share capital of Azlan at approximately #139.6 million and
the issued and to be issued share capital at approximately #142.4 million.


The cash consideration represented a premium of 38.9 per cent. over the Closing
Price of 90 pence for an Azlan Share on 6 February 2003, the last dealing day
prior to the Announcement, and 30.6 per cent. over the average Closing Price of
95.72 pence for an Azlan Share for the 30 dealing days up to and including the
last dealing day prior to the Announcement.


UBS Warburg is acting for Azlan as financial adviser in relation to the Proposal
and is not acting for any other person in connection with the Proposal. UBS
Warburg will not be responsible to anyone other than Azlan for providing the
protections afforded to clients of UBS Warburg nor for giving advice in relation
to the contents of this announcement or any offer or arrangement referred to
herein.


Banc of America Securities, which is regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for Tech Data (UK) and Tech
Data in connection with the Proposal and will not be responsible to anyone other
than Tech Data (UK) and Tech Data for providing the protections afforded to
clients of Banc of America Securities nor for giving advice in relation to the
contents of this announcement or any offer or arrangement referred to herein.


END


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