Future Rentals plc -"Future Rentals"- Recommended Cash Offer -the "Offer"- for Thorn plc -"Thorn"- Initial Offer Period Extended.LONDON--(BUSINESS WIRE)--Sept. 2, 1998--Future Rentals, a company formed by and with financing arranged by the Principal Finance Group of Nomura Nomura (野村 or 乃村 or 埜村) is a Japanese surname. It can refer to: People
thorn, sharp-pointed projection on some plants, usually protective in function. Botanically, thorns are distinguished as modified stems (as in the honey locust and hawthorn) from spines, which are modified leaves (as in the barberry), and has been extended and will remain open until midnight (London time), 7.00 p.m. (New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time) on 20 September 1998. Tenders of Thorn Securities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. on Saturday, 19 September and Sunday Sunday: see Sabbath; week. , 20 September may only be made by hand delivery of a validly completed Form of Acceptance (in the case of Thorn Shares), or a properly completed and duly executed Letter of Transmittal Letter of Transmittal A document used by security holder to accompany certificates surrendered in an exchange or other corporate action. (in the case of Thorn ADSs), to the US Depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. at the address of the US Depositary specified for deliveries by hand on the back of the Offer Document. An announcement of the level of valid acceptances of the Offer at 3.00 p.m. (London time), 10.00 a.m. (New York City time) on 2 September 1998, will be released in due course. Terms defined in the Offer Document dated 22 July 1998 shall have the same meanings in this announcement. Schroders, which is regulated in the United Kingdom by The Securities and Futures Authority Limited, is acting for Nomura International plc and Future Rentals and for no one else in connection with the Offer and will not be responsible to anyone other than Nomura International plc and Future Rentals for providing the protections afforded to its customers nor for giving advice in relation to the Offer. Schroders is acting through Schroder & Co. Inc. for the purposes of making the Offer in and into the United States. Schroders is acting as sole broker to the Offer.
CONTACT: Financial Dynamics, London
Nick Miles
44 171 831 3113
or
Schroders, London
Alan Jacobs/Steve Wallace
44 171 658 6000
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