WOOLWORTHS/BERTRAM MERGER

RNS Number:2088D
Competition Commission
04 September 2007


News Release

53/07                                                           4 September 2007

CC FORMALLY CLEARS WOOLWORTHS/BERTRAM MERGER

The Competition Commission (CC) has formally cleared the completed acquisition
by Woolworths Group plc (Woolworths) of Bertram Group Limited (Bertram).

In its final report published today at www.competition-commission.org.uk, the CC
has concluded that the merger of Bertram's and Woolworths' book wholesaling
interests has not resulted, nor may be expected to result in a substantial
lessening of competition in the supply of books to retailers (either
supermarkets or other retailers), or in the supply of books to libraries.

This confirms the CC's provisional findings, which were published last month.
See news release dated at 24 July 2007: http://www.competition-commission.org.uk
/press_rel/2007/july/index.htm.

The merger was referred by the Office of Fair Trading (OFT) on 3 April 2007.

Notes for editors
               
1.   The CC is an independent public body, which carries out investigations into 
     mergers, markets and the regulated industries.

2.   The members of the merger inquiry group are: Diana Guy (Group Chairman and 
     a CC Deputy Chairman), Ivar Grey, Richard Taylor and Professor Michael 
     Waterson.

3.   The Enterprise Act 2002 empowers the OFT to refer to the CC completed or 
     proposed mergers for investigation and report which create or enhance a 25
     per cent share of supply in the UK (or a substantial part thereof) or where 
     the UK turnover associated with the enterprise being acquired is over #70 
     million.

4.   The CC has a 24-week period in which it is required to publish its report, 
     which may be extended by no more than eight weeks if it considers that
     there are special reasons why the report cannot be published within that 
     period. It is required to report by 17 September 2007.
     
5.   Enquiries should be directed to Siobhan Allen on 020 7271 0242 (email
     siobhan.allen@cc.gsi.gov.uk).


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