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Allied Domecq announces reorganization sanction

The Board of Allied Domecq announced that the High Court today approved the reorganisation of capital comprised within the Scheme of Arrangement to effect the Offer by Pernod Ricard S.A., through its wholly-owned subsidiary, Goal Acquisitions Limited, for Allied Domecq.

The Scheme and its implementation were approved by Allied Domecq`s shareholders on July 4, 2005. Accordingly, the Ordinary Shares held by the Scheme Shareholders will be reclassified into A ordinary shares of 25/670 pence each and B ordinary shares of 25/670 pence each on delivery of the office copy of the Court Order sanctioning the Scheme to the Registrar of Companies (which was to take place before 10.00 a.m. on the 25 July 2005).

In order to ensure an orderly Share Reclassification and reduction of capital, the register of members of the Allied Domecq`s ordinary shares closed with effect from 10.00 p.m. on July 22, 2005.