REG-EAG Limited Change of board and resignati
Released: 26/09/2008

com:20080926:RnsZ4722E
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RNS Number : 4722E  
  
EAG Limited  
  
26 September 2008  
  
EAG Limited  
  
("EAG" or the "Company")  
  
change of board & resignation of nominated adviser  
  
On 25 September 2008 EAG, Inc., a company formed at the direction of Odyssey 
Investment Partners Fund III, LP announced that its offer to acquire all of the 
issued and to be issued share capital of EAG has become unconditional in all 
respects and that, having previously announced a level of acceptances for its 
offer in excess of 90%, EAG, Inc. intends to compulsorily acquire, pursuant to 
the provisions of Articles 117 to 118 (inclusive) of the Companies (Jersey) Law 
1991, as amended, any remaining shares in EAG not already acquired or agreed to 
be acquired.  
  
Following that announcement the Company today announces the resignation of the 
following Directors from the Board:  
  
Jim Cowart, Non-Executive Director;  
  
Ian Johnson, Independent Non-Executive Chairman;  
  
David Lahar, Executive Director   
  
Dennis Millard, Independent Non-Executive Director;  
  
Michael Stevens, Independent Non-Executive Director;  
  
They will be replaced by Randy Paulson and Robert Aikman.  
  
The Company also announces that, in view of the fact that the Company's 
admission to AIM will be cancelled on 1 October 2008, Lazard & Co., Limited has 
resigned from the position of nominated adviser to the Company. This resignation 
will take effect upon consummation of the cancellation of admission to AIM.  
  
Enquiries:  
  
 
  Lazard (nominated adviser to EAG)    Tel: +44 20 7187 2000  
  Francis Smedley                                             
  Nick Fowler                                                 
  
  
Lazard, which is authorised and regulated in the United Kingdom by the Financial 
Services Authority, is acting exclusively for the Company and no one else in 
connection with the offer from EAG, Inc. and will not be responsible to anyone 
other than the Company for providing the protections afforded to its clients or 
for providing advice in connection with that offer or in connection with the 
matters described in this announcement or any transaction or arrangement 
referred to herein.  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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