Medserv plc - Information to maintain fair market

Medserv plc issued a Company Announcement rebutting the allegations made in the letter written by Dr Coenen on the newspaper, Malta Today “Medserv: Money out of control” (Sunday 12 November 2006).

The Company views the letter on the newspaper as unfounded, speculative and malicious. In this context, the Company is seeking the appropriate legal advice in order to take legal action against Dr Coenen and Malta Today.

The Directors believe that they ought to reassure investors that the prospectus issued by the Company in October in connection with the offering of shares reflects the position of the Company at the date thereof and that the said prospectus complied with all the requirements of Maltese Law.