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Fyffes PLC - Costs awarded to Fyffes

RNS (London Stock Exchange)
posted: 743 DAYS 8 HOURS AGO

RNS Number:6158H

Fyffes PLC

13 November 2007

Stock Exchange Announcement

Supreme Court awards costs to Fyffes

On 27 July 2007, five Judges of the Irish Supreme Court unanimously decided in

Fyffes' favour in its legal action against DCC plc, S&L Investments Limited, Mr

Jim Flavin and Lotus Green Limited ('the defendants') in connection with the

sale of 31,169,493 Fyffes shares in February 2000. Following on from this

decision, the Supreme Court today issued an order for all costs in both the High

Court and Supreme Court actions in favour of Fyffes.

The Supreme Court today also referred the case back to the High Court to

determine the amount due to Fyffes under Part V of the Companies Act, 1990

arising from the unlawful dealing by the defendants. The High Court is expected

to determine this matter in 2008.

Fyffes plc

13 November 2007

For further information please contact:

Drury Communications

Billy Murphy Tel: +353-1-260 5000 / Mobile: +353 87 231 3085

This information is provided by RNS

The company news service from the London Stock Exchange

END

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