CPP Cppgroup Plc

TIDMCPP

RNS Number : 2584S

CPPGroup Plc

28 November 2012

CPPGROUP PLC

28 November 2012

Update - Possible offer for CPPGroup Plc

Update - Possible offer for CPPGroup Plc

The Board of CPPGroup Plc ("CPP" or the "Group") notes the announcement by Affinion Group Inc.

As previously announced, the Board continues to assess and actively pursue a range of financing options. We are in discussions with our lending banks about the Group's debt facilities which mature in March 2013 as well as considering a number of alternative financing and strategic options.

Enquiries:

CPPGroup Plc

Shaun Parker, Chief Financial Officer

Tel: +44 (0) 1904 544 372

Helen Spivey, Head of Corporate and Investor Communications

Tel: +44 (0) 1904 544387

J.P. Morgan Cazenove

Guy Marks

Tel: +44 (0) 20 7742 4000

UBS

Hew Glyn Davies

Craig Calvert

Tel: +44 (0) 20 7567 8000

Tulchan Communications

John Sunnucks

Martin Robinson

Tel: +44 (0) 20 7353 4200

Notes to Editors

CPPGroup Plc (CPP) is an International Assistance business operating across 16 geographical markets with more than 200 Business Partners worldwide. Via its Business Partners, CPP provides Life Assistance products to consumers, which includes annually renewed and packaged products that provide assistance and insurance across a wide range of market sectors helping our customers to live life and worry less.

For more information on CPP visit www.cppgroupplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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