2nd November 2005
BBA GROUP PLC
BBA Group plc announces proposed separation of Fiberweb
BBA Group plc (“BBA”) today announces that it intends to separate its Fiberweb business from BBA. BBA believes that, as independent entities, Aviation Services and Fiberweb will be better placed to pursue their individual strategies and operational development and to maximise value for shareholders.
BBA is currently reviewing possible separation options, including demerger or sale of Fiberweb.
A further announcement will be made in due course.
Enquiries
BBA Group plc
Roy McGlone, Chief Executive 020 7514 3990
Brunswick Group LLP 020 7404 5959
Mike Smith
Lucie Anne Brailsford
Merrill Lynch 020 7628 1000
Philip Yates
Richard Taylor
Tricorn Partners 020 7823 0888
Guy Dawson