Cairngorm Dem Inv Ts - Frthr Re Formation of New Co.
May 12 1998 - 7:32AM
UK Regulatory
RNS NO 3207N
CAIRNGORM DEMUTUALISATION I.T.
12 May 1998
Cairngorm No. 1 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 2 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 3 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 4 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 5 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 6 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 7 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 8 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 9 Building Societies Investment Trust plc ("the Company")
Cairngorm No. 10 Building Societies Investment Trust plc ("the Company")
Further to the Company's previous announcement regarding the formation of a
new financial services company to be called Murray Financial Corporation
plc, the new company will be admitted to AIM by means of an institutional
placing and an offer for subscription. The offer for subscription will only
be made available to the shareholders of the Cairngorm Demutualisation
Investment Trust plc and the 10 Cairngorm Building Societies Investment
Trusts, in each case being those shareholders entered in the register at the
close of business on 22 May 1998. There will be no ex-date and persons
entered into the registers after the record date will have no bona fide
market claim to an entitlement to participate in the offer for subscription.
END
MSCNFASAFADPEFN
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