Cookson Group plc ("Cookson") and Foseco plc ("Foseco") are pleased to announce that, further to Foseco's announcement, the Scheme of Arrangement by which the Acquisition is being implemented has now become effective in accordance with its terms.
Under the terms of the Scheme, Shareholders on the register of members of Foseco as at the Scheme Record Time (being 6.00 p.m. on 3 April 2008) will receive 295 pence in cash for each Foseco Share held. The latest date for despatch of cheques and crediting of CREST accounts for the cash consideration due under the Scheme is expected to be 18 April 2008. Trading in Foseco Shares on the London Stock Exchange's market for listed securities was suspended with effect from close of business on 3 April 2008. Foseco Shares were de-listed at 8.00 a.m. this morning.