RNS Number:3064M
Enodis PLC
17 November 2006

17 November 2006



                                   Enodis plc

                             Statement re Approach


The Board of Enodis plc ("Enodis") announces that it has today received a
further letter from Aga Foodservice Group plc ("Aga").


Aga's letter proposes a merger based on relative contributions followed by an
unquantified share buy-back. The letter also proposes a cash and share offer as
an alternative. The letter puts forward illustrative terms equivalent to 0.25 of
a new Aga share and 90 pence in cash for every Enodis share. Based on an Aga
share price of 428 pence, as assumed in its letter, an offer on these terms
would equate to 197 pence per Enodis share, a discount to last night's closing
Enodis share price.


The Board reiterates its rejection of Aga's merger proposals on the same basis
as before, namely:



  -  Enodis is a dedicated commercial food equipment company with a clear
     strategy, including a high focus on global chain accounts, which is 
     delivering strong growth.

  -  It believes that Aga's consumer appliances and retail outlets businesses 
     (comprising approximately 57% of Aga by sales) are very different
     businesses to commercial food equipment.

  -  The Board believes that the resulting diversification would lead to
     a significant dilution in strategic focus.



Nothing in Aga's latest letter has altered the Board of Enodis' view of the
proposal.



Aga's merger proposal and illustrative acquisition terms significantly
undervalue Enodis and its prospects.



Enodis will be announcing its preliminary results for the year ended 30
September 2006 on Tuesday, 21 November 2006.



Contacts:


Dave McCulloch, CEO           Enodis plc                        020 7269 7291
Richard Mountain              Financial Dynamics                020 7269 7291



This announcement has been made without the consent of Aga.  There is no
certainty that any offer will be made nor as to the terms on which any offer
would be made.



Dealing Disclosure Requirements


Under the provisions of Rule 8.3 of the Code, if any person is, or becomes,
"interested" (directly or indirectly) in 1% or more of any class of "relevant
securities" of Aga or of Enodis, all "dealings" in any "relevant securities" of
that company (including by means of an option in respect of, or a derivative
referenced to, any such "relevant securities") must be publicly disclosed by no
later than 3.30pm (London time) on the London business day following the date of
the relevant transaction. This requirement will continue until the date on which
the "offer period" ends. If two or more persons act together pursuant to an
agreement or understanding, whether formal or informal, to acquire an "interest"
in "relevant securities" of Aga or of Enodis, they will be deemed to be a single
person for the purpose of Rule 8.3.


Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of Aga or of Enodis by Aga or Enodis, or by any of their respective
"associates", must be disclosed by no later than 12.00 noon (London time) on the
London business day following the date of the relevant transaction. A disclosure
table giving details of the companies in whose "relevant securities" "dealings"
should be disclosed, and the number of such securities in issue, can be found on
the Takeover Panel's website at www.thetakeoverpanel.org.uk . "Interests in
securities" arise, in summary, when a person has long economic exposure, whether
absolute or conditional, to changes in the price of securities. In particular, a
person will be treated as having an "interest" by virtue of the ownership or
control of securities, or by virtue of any option in respect of, or derivative
referenced to, securities. Terms in quotation marks are defined in the Code,
which can also be found on the Panel's website. If you are in any doubt as to
whether or not you are required to disclose a "dealing" under Rule 8, you should
consult the Panel.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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