EID Eidos

RNS Number:5767O
SCI Entertainment Group PLC
06 July 2005


6 July 2005

This Announcement is not for release, publication or distribution in whole or in
part in or into the United States, Canada, Australia or Japan.

                          SCi Entertainment Group Plc

                              Offer for Eidos PLC

                     Compulsory acquisition of Eidos Shares

On 16 May 2005, SCi Entertainment Group Plc ("SCi") announced that the offer by
KBC Peel Hunt Ltd on behalf of SCi for the existing issued and to be issued
share capital of Eidos PLC ("Eidos") had been declared wholly unconditional. The
board of SCi now announces that at 1.00pm on 5 July 2005, SCi had received valid
acceptances of the Offer in respect of a total of 128,542,895 Eidos Shares,
representing approximately 90.52 per cent. of the issued ordinary share capital
of Eidos.

Since valid acceptances have been received in respect of more than nine-tenths
in value of the Eidos Shares to which the offer relates, SCi is entitled to
exercise its rights pursuant to sections 428-430F of the Companies Act 1985 (the
"Act") to acquire compulsorily all of the outstanding Eidos Shares in respect of
which valid acceptances have not been received. Accordingly, compulsory
acquisition notices pursuant to section 429 of the Act in exercise of such
rights have today been dispatched to the holders of Eidos Shares who have not
yet accepted the Offer. The transfer of the compulsorily acquired Eidos Shares
is expected to take place on 17 August 2005.

Consideration in respect of valid acceptances received following the date of
this announcement will be despatched to accepting Eidos Shareholders within 14
days of such receipt.

The Offer will remain open for acceptance by Eidos Shareholders until 1.00 p.m.
on 17 August 2005.

Eidos Shareholders who hold their shares in certificated form and who have not
yet accepted the Offer should complete and return their Forms of Acceptance to
Capita Registars, Corporate Actions, PO Box 166, The Registry, 34 Beckenham
Road, Beckenham, Kent, BR3 4TH. Holders of Eidos Shares in uncertificated form
may only accept the Offer in respect of such shares by TTE Instruction in
accordance with the procedure set out in paragraph 16 (b) of Part II of the
Offer Document. If you are a CREST sponsored member you should refer to your
CREST sponsor. Eidos Shareholders who are in any doubt as to the procedure for
acceptance or who require assistance with filling in the Form of Acceptance
should call Capita IRG on 0870 162 3121.

As set out in the Offer Document sent to Eidos Shareholders on 19 April 2005,
SCi received irrevocable undertakings to accept or procure the acceptance of the
Offer in respect of 66,279,421 Eidos Shares, representing approximately 46.7 per
cent. of the issued share capital of Eidos. Acceptances under the Offer have
been received in respect of all of the Eidos Shares the subject of these
undertakings.

SCi intends to procure the making of an application by Eidos for the
cancellation of the listing of Eidos Shares on the Official List and trading on
the London Stock Exchange and of the listing of the Eidos Shares on NASDAQ with
effect from 17 August 2005 or such later date as it may determine and,
thereafter, to re-register Eidos as a private company under the relevant
provisions of the Act.

The Offer remains subject to the terms and conditions set out in the Offer
Document sent to Eidos Shareholders on 19 April 2005. The definitions contained
in the Offer Document shall apply for the purposes of this announcement.


The Offer is not being made directly or indirectly in or into, or by use of the
mails or any other means of instrumentality (including, without limitation, fax,
telex or telephone) of interstate or foreign commerce of, or any facilities of a
national securities exchange of, the United States, Canada, Australia or Japan
and will not be capable of acceptance by any such use, means, instrumentality or
facilities or from within the USA, Canada, Australia or Japan.
The Offer Shares have not been, nor will they be, registered under the United
States Securities Act of 1933 (as amended) or under the securities laws of any
jurisdiction of the United States nor under any of the relevant securities laws
of Canada, Australia or Japan. The Offer Shares may not be offered, sold or
delivered, directly or indirectly, in the United States, Canada, Australia or
Japan (unless an applicable exemption from such Act or such law is available).
This announcement does not constitute an offer of securities for sale in any US
jurisdiction, Canada, Australia or Japan or any other jurisdiction outside the
UK.

Copies of this announcement, the Offer Document, the Form of Acceptance and any
related documents are not being, and must not be, mailed or distributed or sent
in, into or from the United States, Canada, Australia or Japan, including to
Eidos Shareholders with registered addresses in the United States, Canada,
Australia or Japan. Persons receiving such documents (including, without
limitation, custodians, trustees and nominees) should not distribute or send
them in, into or from the United States, Canada, Japan or Australia or use such
mails or any such means, instrumentality or facility for any purpose, directly
or indirectly, in connection with the Offer, and so doing may affect the
validity of any related purported acceptance of the Offer. Persons wishing to
accept the Offer should not use such mails or any such means, instrumentality or
facility for any purpose, directly or indirectly, related to acceptance of the
Offer. Envelopes containing a Form of Acceptance, evidence of title or other
documents relating to the Offer should not be postmarked in the United States,
Canada, Japan or Australia or otherwise despatched from the United States,
Canada, Japan or Australia. All persons accepting the Offer must provide
addresses outside the United States, Canada, Japan or Australia for the receipt
of any Offer Shares and/or for the remittance of cash, or for the return of
Forms of Acceptance, share certificate(s) and/or other document(s) of title.

The Directors of SCi accept responsibility for the information contained in this
Announcement. To the best of the knowledge and belief of the Directors of SCi
(who have taken all reasonable care to ensure that such is the case), the
information contained in this Announcement is in accordance with the facts and
does not omit anything likely to affect the import of such information.

KBC Peel Hunt Ltd, which is authorised and regulated in the United Kingdom by
the Financial Services Authority Limited, is acting exclusively for SCi and no
one else in connection with the Offer and will not be responsible to anyone
other than SCi for providing the protections afforded to customers of KBC Peel
Hunt Ltd nor for providing advice in relation to the Offer.




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

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