RNS Number:9013I
Asset Management Investment Co.PLC
13 September 2006


Asset Management Investment Company PLC (the "Company")

13 September 2006

Result of Tender Offer


The Board of the Company announces that pursuant to the Tender Offer made by
Teather & Greenwood Limited, which closed at 11.00 a.m. on 12 September 2006,
tenders for 7,107,328 ZDP Shares have been received.  As previously announced,
the ZDP Shares will be purchased at a price of 199.9 pence per ZDP Share, and
this will therefore result in payment of #14,207,548 to ZDP Shareholders who
tendered their shares.

The Board of the Company further announces that the High Court today ordered
cancellation of the Company's share premium account.  The Court Order will
become effective following its registration at the Company's Registry which is
expected to occur by 15 September 2006.  Settlement of the consideration due
under the Tender Offer is expected to take place shortly thereafter, after
satisfaction of the remaining conditions thereto.  ZDP Shares purchased under
the Tender Offer will be cancelled.

The Court Hearing of the petition for the reduction and cancellation of the
remaining ZDP Shares is due to take place on 11 October 2006.  Payment for ZDP
Shares so cancelled, also at 199.9 pence per share, would then be due on or
around 16 October 2006.

Further announcements will be made in due course.


Enquiries:

Asset Management Investment Company PLC
George Robb
020 7618 9041

Broadgate
Roland Cross
020 7726 6111

Teather & Greenwood Limited
Paul Fincham
020 7426 7736

Jonathan Becher
020 7426 3269

Terms used in this announcement shall, unless the content requires otherwise,
bear the same meanings as given to them in the circular issued by the Company
dated 28 July 2006.

END


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

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