IG Co Limited 01 September 2005 IG Co Limited 1 September 2005 This announcement is not for release, publication or distribution in or into the United States, Canada, Australia or Japan. RECOMMENDED CASH OFFER FOR MUSIC CHOICE EUROPE PLC ("MCE") BY SMITH & WILLIAMSON CORPORATE FINANCE LIMITED ("SMITH & WILLIAMSON") ON BEHALF OF IG CO LIMITED ("IGC") POSTING OF OFFER DOCUMENT Smith & Williamson on behalf of IGC announces that the Offer Document in relation to the recommended cash offer for MCE has been posted today to MCE Shareholders together with the Form of Acceptance. Forms of Acceptance should be returned in accordance with the instructions thereon so as to be received as soon as possible and, in any event, by not later than 3.00 pm on 22 September 2005. Enquiries Smith & Williamson, Adviser to IGC Nicola Horton 020 7131 4000 David Jones 020 7131 4000 Terms used in this announcement shall have the same meaning as those in the Offer Document. This announcement does not constitute, or form part of, any offer for, or any solicitation of any offer for, securities. Any acceptance or other response to the Offer should be made only on the basis of information referred to in the Offer Document and the Form of Acceptance. Smith & Williamson, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for IGC and no one else in connection with the Offer and the matters described herein and will not be responsible to anyone other than IGC for providing the protections afforded to its customers or for giving advice in relation to the Offer or any other matter referred to herein. The Offer is not being made, directly or indirectly, in or into the United States, Canada, Australia or Japan and the Offer Document and the Form of Acceptance is not being, and should not be, mailed or otherwise distributed or sent in or into the United States, Canada, Australia or Japan or any other jurisdiction if, in the latter case, to do so would constitute a violation of the relevant laws in such jurisdiction. This information is provided by RNS The company news service from the London Stock Exchange