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Exhibit (a)(1)(M)
FOR IMMEDIATE RELEASE
ACQUISITION TIMETABLE ON AMERICAN NATIONAL CAN GROUP EXTENDED
LONDON, ENGLAND (JUNE 29, 2000)
On 3 April, Rexam PLC, the global consumer packaging company, announced that it
had made a cash tender offer to acquire ANC, the world's No 2 beverage can
maker.
The tender offer remains conditioned on, among other things, (a) the tender of a
majority of the fully diluted shares of common stock of American National Can;
and (b) the satisfaction of conditions relating to European Community merger
control regulations.
In the intervening period Rexam has been meeting with representatives of the
European Commission and can report that active discussions are continuing. As a
result the timetable for the conclusion of Phase 1 has been extended to 19 July.
ENQUIRIES
Per Erlandsson, + 44 (0)20 7227 4140
Director Corporate Communications
Rexam is one of the world's top ten consumer packaging groups. Its global
operations focus on packaging solutions for the beauty, healthcare, beverage and
food industries around the world. Rexam is also a leading producer of coated
films and papers. By striving to be best in its field and understanding
customers' opportunities and packaging needs, Rexam will generate profit and
growth for the benefit of its shareholders. In all, the Rexam Group employs some
20,000 people in 30 countries worldwide, and in 1999 had a turnover
of(pound)2,389 million.
