GYG Gyg Plc

RNS Number:6841E
Gyrus Group PLC
5 June 2001


                          Gyrus Group PLC ("Gyrus")

                        Closure of Somnus Tender Offer

Gyrus and its wholly-owned subsidiary, Gyrus Acquisition, Inc., a Delaware
company, announced today the successful closure of their cash tender offer to
purchase shares of Somnus Medical Technologies, Inc. (NASDAQ: SOMN) at $3.11
per share. As of the expiration of the initial offering period at 12:00
midnight, New York City time, on Monday 4 June 2001, a total of 14,968,935
shares of Somnus stock (approximately 86.25% of the outstanding shares) had
been validly tendered pursuant to the offer (including 901,075 shares tendered
pursuant to guaranteed delivery procedures), all of which shares have been
accepted by Gyrus Acquisition, Inc.


In addition, Gyrus has elected to provide a subsequent offering period, which
will expire at 12:00 midnight, New York City time, on Monday 11 June 2001.
Somnus shareholders who have not yet tendered their shares may do so at any
time prior to the expiration of the subsequent offering period.


Following the subsequent offering period, Gyrus Acquisition, Inc. will merge
with Somnus. As a result of the merger, remaining shareholders of Somnus will
receive the same consideration of $3.11 per share as was received by
shareholders who tendered in the offer, and Somnus will be 100% owned by Gyrus
Group.


Gyrus Group develops bipolar radio frequency technologies for the minimal
access surgery markets, with a particular concentration in the laparoscopic,
arthroscopic, hysteroscopic and urology markets. Somnus designs, develops,
manufactures and markets innovative medical devices that utilize their
proprietary temperature controlled radio frequency, or TCRF, technology for
the treatment of upper airway disorders.

Enquiries
Gyrus Group PLC                                         Tel: 01189 219750
Dr Mark Goble, Managing Director
Tom Murphy, Finance Director

WestLB Panmure Limited                                  Tel: 020 7638 4010
Chris Collins/Dominic Morley/Juliet Thompson

Nomura International plc                                Tel: 020 7521 2000
Charles Spicer/Steve Adkin

Financial Dynamics                                      Tel: 020 7831 3113
Edward Bridges/ Sarah Manners

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