RNS Number:4058P
Purple Spot Limited
05 March 2008


Not for release, publication or distribution, in whole or in part, in or into
the United States of America, Canada, Australia, Japan, The Republic of Ireland
or South Africa or any other jurisdiction where to do so would constitute a
violation of the relevant laws or regulations of such jurisdiction.

.


For Immediate Release 5 March 2008

Recommended Cash Offer by Acorn Corporate Finance Limited
on behalf of Purple Spot Limited ("Purple Spot")
to acquire the entire issued share capital of Vista Group plc ("Vista")

Offer Document Posted

Further to the announcement made yesterday, Purple Spot announces that the offer
document containing the full terms and conditions of the Offer together with a
letter from the Chairman of Vista (the "Offer Document") was posted yesterday to
Vista Shareholders, together with the Form of Acceptance.

Copies of the Offer Document and the Form of Acceptance are available for
inspection at the offices of Cobbetts LLP, 70 Grays Inn Road, London WC1X 8BT
during normal business hours on any weekday (Saturdays and public holidays
excluded) while the Offer remains open for acceptance. The Offer Document will
also be available from Vista's website at www.vistapanels.co.uk.

Terms defined in the Offer Document have the same meaning in this announcement.

Enquiries:
Acorn Corporate Finance Limited (financial adviser to Purple Spot)
Harry Dutson - 0870 122 5432
WH Ireland Limited (financial adviser to Vista)
David Youngman - 0161 832 2174

Acorn, which is authorised and regulated in the UK by the Financial Services
Authority, is acting exclusively for Purple Spot and no one else in connection
with the Offer and other matters described in this press announcement and will
not be responsible to anyone other than Purple Spot for providing the
protections afforded to clients of Acorn nor for providing advice in relation to
the Offer and other matters described in this press announcement.

WH Ireland, which is authorised and regulated in the UK by the Financial
Services Authority, is acting exclusively for Vista and no one else in
connection with the Offer and other matters described in this press announcement
and will not be responsible to anyone other than Vista for providing the
protections afforded to clients of WH Ireland nor for providing advice in
relation to the Offer and other matters described in this press announcement.

This press announcement does not constitute an offer or invitation to purchase
any securities or a solicitation of an offer to purchase any securities,
pursuant to the Offer or otherwise. The Offer will be made solely by means of
the Offer Document and the accompanying Form of Acceptance which will contain
the full terms and conditions of the Offer, including details of how the Offer
may be accepted.

This announcement and the Offer referred to in this announcement are not being
made and will not be made, directly or indirectly, in or into, or by use of the
mails or by any means or instrumentality (including, without limitation,
telephone, fax, telex, internet or other forms of electronic communication) of
interstate or foreign commerce of, or by any facilities of a securities exchange
of the United States, Canada, Australia, Japan, The Republic of Ireland, South
Africa or any other jurisdiction and the Offer cannot be capable of acceptance
by any such use, means, instrumentality or facility or from within the United
States Canada, Australia, Japan or any other jurisdiction. Accordingly, this
announcement, the Offer Document, the Form of Acceptance and any other related
documents are not being, and must not be, directly or indirectly mailed or
otherwise forwarded, distributed or sent in or into the United States, Canada,
Australia, Japan, The Republic of Ireland, South Africa or any other
jurisdiction. Doing so may render invalid any purported acceptance of the Offer.
The availability of the Offer to persons who are not resident in the United
Kingdom may be affected by laws of the relevant jurisdiction. Persons who are
not resident in the United Kingdom should inform themselves about and observe
any applicable requirements. Custodians, nominees and trustees should observe
these restrictions and should not send or distribute the document or any
accompanying documents in or into the United States, Canada, Australia, Japan,
The Republic of Ireland, South Africa or any other jurisdiction.

Dealing Restrictions

Under the provisions of Rule 8.3 of the Code, if any person is, or becomes
"interested" (directly or indirectly) in 1% or more of any class of "relevant
securities" of Vista, all "dealings" in any "relevant securities" of that
company (including by means of an option in respect of, or a derivative
referenced to, any such "relevant securities") must be publicly disclosed by no
later than 3.30 pm (London time) on the London business day following the date
of the relevant transaction. This requirement will continue until the date on
which the offer becomes, or is declared, unconditional as to acceptances, lapses
or is otherwise withdrawn or on which the "offer period" otherwise ends. If two
or more persons act together pursuant to an agreement or understanding, whether
formal or informal, to acquire an "interest" in "relevant securities" of Vista,
they will be deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of Vista by Purple Spot or Vista, or by any of their respective
"associates", must be disclosed by no later than 12.00 noon (London time) on the
London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose "relevant
securities" "dealings" should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.

"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Panel's website. If you are in any doubt as to whether or not you are required
to disclose a "dealing" under Rule 8, you should consult the Panel.




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

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