mgf.be

[Luc]

MG Rover calls on UK Government to decide on loan

Today MG Rover called on the Government to make a decision on the bridging
loan which will open the way to the car maker completing complex
negotiations with the Chinese company SAIC. The loan is crucial if the
partnership is to be established.

Peter Beale, PVH vice chairman commented:â€Â

[ErikB]

en het persbricht dat daarop volgde:

7TH APRIL (LATE)

STATEMENT FROM BOARD OF DIRECTORS

The board of MG Rover has asked Price Waterhouse Coopers to accept engagement to advise the board of directors on the current position of the company.

The management is committed to working closely with the Trade Unions, DTI and Advantage West Midlands agency who can provide support.

This is a deeply worrying time for everyone and our thoughts are with the workers and their families. We would like to thank everyone for their loyalty and commitment at this very trying time.



Ends