RNS Number:6356Q
BPB PLC
31 August 2005



31 August 2005

                                BPB plc ("BPB")

                 BPB confirms rejection of Saint-Gobain's offer

BPB plc ("BPB") notes the announcement earlier today by Saint-Gobain that it has
posted its Offer Document to BPB shareholders.

The Board of BPB (the "Board") has no hesitation in reiterating its advice to
shareholders to reject this unwelcome offer of 720p per share which
substantially undervalues BPB.

The Board will be writing to shareholders within the next fourteen days to
explain in detail its reasons for recommending rejection of the offer from
Saint-Gobain. In the meantime, shareholders are strongly urged to take no action
in respect of Saint-Gobain's offer.

The Directors of BPB have received financial advice from Rothschild. In
providing this advice, Rothschild has placed reliance on the commercial
assessment of the Directors.

Enquiries

James Murgatroyd/Faeth Birch, Finsbury
Tel: +44 (0)20 7251 3801


N M Rothschild & Sons Limited ("Rothschild"), which is authorised and regulated
in the United Kingdom by the Financial Services Authority, is acting for BPB and
no-one else in connection with the matters referred to herein and will not be
responsible to anyone other than BPB for providing the protections afforded to
clients of Rothschild or for giving advice in relation to such matters.




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

END
RSPIIFFATFILVIE
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Compagnie De Saint-gobain Charts.
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Compagnie De Saint-gobain Charts.