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Bupa Hospitals
9 April 2007
The Board of Bupa notes the recent speculation about the possible sale of Bupa’s UK hospitals business (“BUPA Hospitals”).
The Board confirms that it is undertaking a review to establish whether, given the significant changes in the UK healthcare economy and in particular the increasing role the private sector is playing in that market, there may be benefits for the customers and other stakeholders of Bupa Hospitals and the Bupa Group in a sale of Bupa Hospitals. The circumstances that have led the Board to consider the possible sale of Bupa Hospitals do not apply to any other Bupa business.
Bupa is in preliminary discussions with potential purchasers of Bupa Hospitals. Those discussions may or may not lead to a decision to sell Bupa Hospitals. The Board is not considering the sale of any other part of the Bupa Group or a change in status of the Bupa Group as a whole.
A further announcement will be made in due course.
No decision has been made nor is any decision likely to be made in the immediate future concerning possible redemption of the Bupa Hospitals bonds.
Visit the Bupa Hospitals website at www.bupahospitals.co.uk.
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