Provisional results Tetra Laval's Offer for Sidel

Provisional results Tetra Laval's Offer for Sidel Over 91% of Shares Tendered The Conseil des Marchés Financiers (CMF), announced today that, following the closing of the offer by Tetra Laval for Sidel, 91.17% of Sidel's shares have been tendered to Tetra Laval. The acceptance condition of the offer has therefore been satisfied. "We are delighted that Sidel's shareholders have responded positively to our offer. We are now waiting for the regulatory clearance from the EU Commission in order to further develop Sidel and our products to the benefit of our customers," commented Göran Grosskopf, Chairman of the Board, Tetra Laval SA. Francis Olivier, Chairman of the Board, Sidel Group, said, "We have recommended this offer and are happy with the successful outcome. We are sure that Sidel will have a prosperous future with Tetra Laval". Tetra Laval is awaiting regulatory clearance for the transaction from the EU Commission, a clearance which it hopes to receive shortly. Tetra Laval is advised on the offer by Crédit Agricole Indosuez and Rothschild & Cie. Sidel is being advised by Lazard Frères. For further information please contact: Tetra Laval: Jörgen Haglind, Vice President Communications, +46 708 36 46 10 Brunswick Group: Andrew Dewar, Agnes Catineau, +44 1 53 96 83 83 Notes to Editors: 1. Sidel is one of the world's leading manufacturers of machines for plastic bottle production. Building on this foundation, it is developing a comprehensive offering of equipment and engineering services for packaging: from bottle design to engineering complete bottle lines; from creating the package to palletising the final product. Their products are used in the beverages, agri-foodstuff, cosmetics and pharmaceuticals industry. Sidel has 4,000 employees working in 24 countries and had sales of E1,025 million in 2000. 2. Tetra Laval SA is part of Tetra Laval, which comprises Tetra Pak and DeLaval. Altogether the companies employ 24,000 people, with operations in more than 165 countries in all continents and had net sales of E8.9 billion in 2000. The companies' activities are focused on processing and packaging systems for production and distribution of liquid food and accessories for dairy production and animal husbandry. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/29/20010529BIT00790/bit0002.doc http://www.bit.se/bitonline/2001/05/29/20010529BIT00790/bit0002.pdf