GO plc - Forthnet not bidding for WIND

Following the announcement by Forthnet S.A. (the Greek telecoms company in which GO and its parent company Emirates International Telecommunications Limited hold a 37.1% equity stake) dated 2 October 2009 where it stated that it had submitted an expression of interest for WIND Hellas Telecommunications SA (a mobile, fixed line and broadband operator in Greece), the Company informed investors this morning that it has not submitted a binding offer today. In fact, Forthnet had at the time of the first announcement assured its shareholders that its will pursue the acquisition of WIND Hellas only ‘if it finally judges that the transaction will be to the benefit of both the Company and its shareholders.’

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