Scheme of Arrangement Update

RNS Number:9247S
Scottish & Newcastle PLC
23 April 2008


Scottish & Newcastle plc

23 April 2008

Not for release, publication or distribution in whole or in part in, into or
from any jurisdiction where to do the same would constitute a violation of the
relevant laws of such jurisdiction

FOR IMMEDIATE RELEASE

23 April 2008
                            Recommended acquisition
                                       of
                            Scottish & Newcastle plc
                                       by
                          Sunrise Acquisitions Limited
          (a company jointly owned by Carlsberg A/S and Heineken N.V.)

                     SANCTION OF THE SCHEME OF ARRANGEMENT

The Board of Scottish & Newcastle plc ("S&N") announces that the Court of
Session, Edinburgh, Scotland (the "Court") today sanctioned the Scheme of
Arrangement (the "Scheme") by which the recommended acquisition of S&N by
Sunrise Acquisitions Limited is to be effected. The Scheme and its
implementation were approved by S&N's shareholders on 31 March 2008 at the Court
Meeting and the S&N EGM.

The acquisition remains conditional upon the confirmation of S&N's capital
reduction comprised within the Scheme by the Court on 28 April 2008 and a
certified copy of the Court Order confirming the Reduction and the minute of the
Reduction being delivered to, and registered by, the Registrar of Companies.

Trading in S&N's ordinary shares on the London Stock Exchange and the listing of
S&N's ordinary shares on the Official List of the UK Listing Authority will be
suspended from 5.00 pm on 25 April 2008. Subject to the Court confirming the
capital reduction on 28 April 2008, the listing of S&N's ordinary shares will be
cancelled with effect from 8.00 am on 29 April 2008.

Unless stated otherwise above, the terms used in this announcement have the same
meanings as set out in the Scheme Document dated 22 February 2008 (the "Scheme
Document").

For further information:

Scottish & Newcastle plc:                                       +44 131 203 2000
Richard Gibb: Head of Corporate Affairs
Robert Ballantyne: Head of Corporate Communications
Joanna Speed: Head of Investor Relations

Deutsche Bank (Financial adviser and corporate broker to S&N):  +44 20 7545 8000
Nigel Meek
Jeremy Quin
James Arculus
James Agnew (Corporate Broking)

Rothschild (Financial adviser to S&N):                          +44 20 7280 5000
Akeel Sachak
Nicholas Wrigley
Robert Plowman

UBS (Financial adviser and corporate broker to S&N):            +44 20 7567 8000
Heino Teschmacher
James Robertson
Tim Waddell (Corporate Broking)

Smithfield (Financial public relations adviser to S&N):         +44 20 7903 0667
John Kiely

The Directors of S&N accept responsibility for the information contained in this
announcement and, to the best of their knowledge and belief (having taken all
reasonable care to ensure that such is the case), the information contained in
this announcement is in accordance with the facts and does not omit anything
likely to affect the import of such information.

Deutsche Bank AG is authorised under German Banking Law (competent authority:
BaFin - Federal Financial Supervising Authority) and with respect to UK
commodity derivatives business by the Financial Services Authority; and is
regulated by the Financial Services Authority for the conduct of UK business.
Deutsche Bank AG is acting exclusively for S&N and no-one else in connection
with the Acquisition and will not be responsible to anyone other than S&N for
providing the protections afforded to clients of Deutsche Bank AG or for
providing advice in relation to the Acquisition or to the matters referred to
herein.

N M Rothschild & Sons Limited, which is authorised and regulated by the
Financial Services Authority in the United Kingdom, is acting for S&N and no one
else in connection with the Acquisition and will not be responsible to anyone
other than S&N for providing the protections afforded to clients of N M
Rothschild & Sons Limited or for providing advice in relation to the Acquisition
or to the matters referred to herein.

UBS Investment Bank, which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting exclusively for S&N and no-one else
in connection with the Acquisition and will not be responsible to anyone other
than S&N for providing the protections afforded to clients of UBS Investment
Bank or for providing advice in relation to the Acquisition or to the matters
referred to herein.

The availability of the Acquisition to S&N Shareholders who are not resident in
and citizens of the United Kingdom may be affected by the laws of the relevant
jurisdictions in which they are located or of which they are citizens. Persons
who are not resident in the United Kingdom should inform themselves of, and
observe, any applicable legal or regulatory requirements of their jurisdictions.
Further details in relation to overseas shareholders are contained in the Scheme
Document.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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