TIDMPNE 
 
RNS Number : 9163M 
Preston North End PLC 
02 June 2010 
 

                              Preston North End plc 
 
                          Statement re. Possible Offer 
The board of directors of Preston North End plc ("the Company") confirms that 
following receipt of the winding up petition served by HM Revenue and Customs on 
14 May 2010 and the suspension of the Company's shares from trading on AIM the 
Company has been looking for ways to resolve its financial difficulties. The 
Board can now confirm that it is in discussions which may or may not lead to an 
offer being made for the Company, by Deepdale PNE Holdings Limited ("DPNE"), a 
newly incorporated company associated with Guild Ventures Limited and controlled 
by Trevor Hemmings, which would value the Company's Ordinary Shares at GBP0.05 
each. Guild Ventures Limited is the largest shareholder of the Company with a 
holding of 923,765 shares representing approximately 28.02% of the ordinary 
share capital of the Company. 
 
Whilst these discussions are ongoing, there can be no certainty that an offer 
will be made or as to the terms on which any offer would be made.  A further 
announcement will be made in due course, if and when appropriate. 
 
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the 
Company confirms that, as at the close of business on 1 June 2010, its relevant 
securities in issue consisted of 3,295,679 ordinary shares. 
 
The Company's ordinary shares continue to remain suspended from trading on AIM. 
 
The ISIN reference number for the ordinary shares of GBP1 each is GB0007015182. 
 
This announcement is being made with the agreement and approval of DPNE. 
 
For further information, please contact:- 
 
+---------------------+---------------------+---------------------+ 
|                     |                     |                     | 
| Kevin Abbott        | Preston North End   | Tel: 0844 856 1964  | 
|                     | plc                 |                     | 
|                     |                     |                     | 
+---------------------+---------------------+---------------------+ 
|                     |                     |                     | 
| Katy Mitchell       | WH Ireland Limited  | Tel: 0161 832 2174  | 
|                     |                     |                     | 
+---------------------+---------------------+---------------------+ 
 
 
Disclosure requirements of the Takeover Code (the "Code") 
 
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any 
class of relevant securities of an offeree company or of any paper offeror 
(being any offeror other than an offeror in respect of which it has been 
announced that its offer is, or is likely to be, solely in cash) must make an 
Opening Position Disclosure following the commencement of the offer period and, 
if later, following the announcement in which any paper offeror is first 
identified. An Opening Position Disclosure must contain details of the person's 
interests and short positions in, and rights to subscribe for, any relevant 
securities of each of (i) the offeree company and (ii) any paper offeror(s). An 
Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made 
by no later than 3.30 pm (London time) on the 10th business day following the 
commencement of the offer period and, if appropriate, by no later than 3.30 pm 
(London time) on the 10th business day following the announcement in which any 
paper offeror is first identified. Relevant persons who deal in the relevant 
securities of the offeree company or of a paper offeror prior to the deadline 
for making an Opening Position Disclosure must instead make a Dealing 
Disclosure. 
 
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% 
or more of any class of relevant securities of the offeree company or of any 
paper offeror must make a Dealing Disclosure if the person deals in any relevant 
securities of the offeree company or of any paper offeror. A Dealing Disclosure 
must contain details of the dealing concerned and of the person's interests and 
short positions in, and rights to subscribe for, any relevant securities of each 
of (i) the offeree company and (ii) any paper offeror, save to the extent that 
these details have previously been disclosed under Rule 8. A Dealing Disclosure 
by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm 
(London time) on the business day following the date of the relevant dealing. If 
two or more persons act together pursuant to an agreement or understanding, 
whether formal or informal, to acquire or control an interest in relevant 
securities of an offeree company or a paper offeror, they will be deemed to be a 
single person for the purpose of Rule 8.3. 
 
Opening Position Disclosures must also be made by the offeree company and by any 
offeror and Dealing Disclosures must also be made by the offeree company, by any 
offeror and by any persons acting in concert with any of them (see Rules 8.1, 
8.2 and 8.4). 
 
Details of the offeree and offeror companies in respect of whose relevant 
securities Opening Position Disclosures and Dealing Disclosures must be made can 
be found in the Disclosure Table on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk, including details of the number of relevant 
securities in issue, when the offer period commenced and when any offeror was 
first identified. If you are in any doubt as to whether you are required to make 
an Opening Position Disclosure or a Dealing Disclosure, you should contact the 
Panel's Market Surveillance Unit on +44 (0)20 7638 0129. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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