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EXHIBIT 99.10
GE POWER SYSTEMS EQUITIES, INC.
3135 EASTON TURNPIKE, FAIRFIELD, CONNECTICUT, 06431, USA
TO: THE NON-ASSENTING SHAREHOLDERS OF SMALLWORLDWIDE PLC ("SMALLWORLD")
IF YOU HAVE SUBMITTED A VALID AND COMPLETE ACCEPTANCE OF THE OFFER IN
RESPECT OF ALL YOUR SHARES IN SMALLWORLD, PLEASE IGNORE THIS LETTER AND
ACCOMPANYING NOTICE.
13th November, 2000
Dear Shareholder
COMPULSORY ACQUISITION OF YOUR ORDINARY SHARES/ADSS
IN SMALLWORLD
As GE Power Systems Equities, Inc. ("GE") has now received valid acceptances of
its offer (the "Offer") to acquire all ordinary shares and ADSs in Smallworld
(collectively the "Shares") in respect of more than 90 per cent. of Shares to
which its Offer related, GE is now entitled to acquire compulsorily the
remaining Shares to which the Offer related.
You will find enclosed a statutory notice formally advising you that GE intends
to apply the provisions of sections 428 to 430F of the Companies Act 1985 (the
"Act"). That notice sets out the terms on which GE will acquire your remaining
Shares on 27th December, 2000. These shares will be acquired under the terms of
the Offer and you will be entitled to US$20 in cash for every Share you hold on
that date. Thereafter, the consideration due to you will be held on trust by
Smallworld in accordance with section 430(9) of the Act. You can apply for your
consideration to be released and sent to you by writing to Smallworldwide PLC,
Elizabeth House, 1 High Street, Chesterton, Cambridge CB4 1WR, England marked
for the attention of the Company Secretary with satisfactory evidence of your
identity and the ownership of your Shares.
If you have sold all of your Shares, please forward this document and the
accompanying notice at once to the purchaser or transferee or the stockbroker,
bank or other agent through whom the sale or transfer was effected for
transmission to the purchaser or transferee. However, such documents must not be
forwarded to or transmitted in or into Canada, Australia or Japan.
Yours sincerely,
...........................................................
for and on behalf of
GE Power Systems Equities, Inc.
