Rejection of approaches

05 July 2006

GUS plc, the retail and business services group, today confirms that it has received a number of expressions of interest in each of Argos Retail Group and Experian in recent months.

The Board of GUS has considered the merits of these approaches and has reviewed the situation at its regular Board meeting today. It has concluded that shareholder interests are better served by proceeding with the previously announced demerger of Argos Retail Group and Experian.

Enquiries