Imperial Talks Over Potential Buy-Out Offer

In response to further press speculation, the board of Imperial confirmed that it is in discussions in relation to a possible cash offer for the Company at a price of 1,290 pence per share. There can be no certainty that an offer will ultimately be made for the Company or as to the terms on which any such offer might be made. This announcement is being made without the consent of the potential offeror.

A further announcement will be made when appropriate.


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