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Charlton Athletic - Result of strategic review

Wed Feb 13, 2008 7:52am EST
 
RNS Number:9202N
Charlton Athletic PLC
13 February 2008



                           RESULTS OF STRATEGIC REVIEW

On 16 August 2007 the board of Charlton Athletic Plc ("Charlton" or the
"Company") announced that it had retained  Seymour Pierce Limited to consider a
range of strategic options, which may or may not have led to an offer for the 
Company.

Following the conclusion of this strategic review, the board of Charlton has
concluded that the best interests of  Charlton and its shareholders are served
under the current ownership and management structure.

As a result, all talks regarding possible offers for the Company have now been
discontinued.

The board of Charlton is committed to the long term success and future of the
Company, including the provision of  appropriate funding, so to ensure that the
club is well placed to challenge for Premiership status.

Contacts and enquiries:

Seymour Pierce Limited                            020 7107 8000
Douglas Harmer

Charlton Athletic plc
Nigel Capelin                                     020 8333 4002






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

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