- Public offer for outstanding shares in Stork N.V. declared unconditional


The acceptance period for the Public Offer for shares in Stork N.V. by London
Acquisition B.V. ended on 14th of January 2008 with shareholders representing
98% of outstanding share capital of Stork NV. tendering their shares.  London
Acquisition has today announced that the remaining conditions to the Public
Offer have been satisfied and the Public Offer has subsequently been declared
unconditional. 

The Public Offer being declared unconditional by London Acquisition B.V. is one
of three conditions for Marel Food Systems hf. for acquiring Stork Food
Systems. The other two are, the advice of Stork Works council and clearance for
the intended transaction from anti trust authorities. Conclusion about those
conditions are expected by mid March 2008. 

The value of LME in the books of Marel Food Systems at the end of third quarter
was based on the price of Stork N.V. shares of 45,70 per share. The sale of the
holding in LME was based upon the price of 48,40 per share. In addition,
financing and deal cost for the holding occurred in fourth quarter.