10th August, 2010
On 14 May 2010 the board of directors of Kewill plc ("Kewill" or the "Company"), the provider of software and solutions that simplify global trade and logistics, announced that it had received a preliminary offer approach at an indicative price of 130 pence per share.
The Company confirms that discussions have not progressed to an acceptable offer and have now been terminated. Kewill has ceased to be in an "offer period" for the purposes of the City Code on Takeovers and Mergers.
The Company confirms that current trading is in line with the board's expectations.
Enquiries:
Investec Investment Banking Tel: 020 7597 4000
Andrew Pinder
Erik Anderson
Dominic Emery
Financial Dynamics Tel: 020 7831 3113
Edward Bridges
James Macey-White
Nicola Biles