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Exhibit (a)(1)(Q)
PRESS RELEASE
REXAM PLC ("REXAM") SUCCESSFULLY COMPLETES TENDER OFFER FOR SHARES OF AMERICAN
NATIONAL CAN GROUP, INC. ("ANC")
Rexam, the global consumer packaging company, announces the completion of its
cash tender offer for all the publicly held shares of American National Can
Group, Inc., the world's No 2 beverage can maker. A total of 54,655,122 shares
of ANC common stock were tendered into the offer (including 1,535,267 shares
tendered by guaranteed delivery), representing approximately 99.4% of the
outstanding shares. Rexam's tender offer for ANC's shares expired on 21 July
2000.
Rexam said it plans to promptly effect a short form merger under which it will
acquire 100% ownership of ANC.
The acquisition makes Rexam the world's fifth largest consumer packaging company
and the world's No 1 beverage can maker.
24 July 2000
ENQUIRIES +44 (0) 20 7227 4100
Michael Hartnall, Finance Director
Rexam is one of the world's top five consumer packaging groups and the world's
No 1 beverage can maker. Its global operations focus packaging solutions for the
beauty, healthcare, beverage and food industries around the world. By striving
to be the 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 25,000 people in 35 countries
worldwide and in 1999 had a turnover of (pound)2,389 million.
