SYDNEY, AUSTRALIA: SAI Global Limited (ASX: SAI).
SAI’s takeover offer for Espreon Limited (Espreon) closed at 7.00pm Sydney time on 11 March 2009. SAI’s relevant interests in Espreon at that time are set out below:
| Nature of relevant interest | Number and class of securities | Relevant interest |
| Registered holder of shares under s 608(1) of the Corporations Act | 58,385,827 ordinary shares | 61.23% |
| Relevant interest as a result of acceptances of the takeover offer made by SAI to Espreon shareholders, who have not yet been paid in accordance with the offer terms | 1,218,166 ordinary shares | 1.28% |
| TOTAL | 59,603,993 | 62.51% |
As SAI has not acquired a relevant interest in more than 90% of Espreon shares, SAI is not able to undertake compulsory acquisition of the remaining Espreon shares.
For additional information, please contact:
Tony Scotton
Chief Executive Officer
Tel: +61 2 8206 6182
Mobile: +61 2 419 527 592
Email: tony.scotton@saiglobal.com
Geoff Richardson
Chief Financial Officer
Tel: +61 2 8206 6805
Mobile: +61 429 314 698
Email: geoff.richardson@saiglobal.com
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