17 October 2007
Xansa and Steria are pleased to announce that the Scheme of Arrangement has now become effective in accordance with its terms.
Under the terms of the Scheme, holders of Xansa Scheme Shares are entitled to receive 130 pence for each Scheme Share held at the Scheme Record Time (6.00 p.m. on 16 October 2007). Xansa shares were delisted at 8.00 a.m. today.
Settlement of the cash consideration in respect of the Scheme Shares will be effected within 14 days of today in accordance with the terms of the Scheme.
Capitalised terms used but not defined in this announcement have the same meaning as set out in the Scheme Document dated 25 August 2007.