D.F.S. Furniture Company PLC
25 August 2004
For Immediate Release
25 August 2004
DFS Furniture Company PLC ('DFS' or 'the Company')
Position of the Independent Directors of DFS Furniture Company plc
The Independent Directors of DFS wish to clarify their position following recent
press comment in relation to their intentions in the event that the recommended
Proposals from Full Circle are not approved by the requisite majority of
shareholders at the shareholder meetings to be held on 7 September 2004.
The Independent Directors believe that, if the Proposals are not approved, they
would clearly have to consider carefully their positions as non-executive
directors of DFS. However, no decisions have yet been taken. Any decisions
would be made in the light of all of the circumstances at the time, including
the votes tendered at the meetings and the views expressed by all of the
shareholders.
All terms used in this announcement have the same meaning as in the circular to
shareholders dated 14 August 2004.
Enquiries:
keithhann.com
Keith Hann 07831 521 870
Citigroup (financial adviser) 020 7986 4000
William Barter
Mark Todd
Deutsche Bank (corporate broker) 020 7545 8000
Charles Wilkinson
Rupert Green
Citigroup Global Markets Limited and Deutsche Bank AG are acting for DFS and
no-one else in connection with the possible offer and will not be responsible to
any other person for providing the protections afforded to clients of Citigroup
Global Markets Limited or Deutsche Bank AG or for providing advice in relation
to the possible offer.
END
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