Further re Optional Redemption of High Yield Bonds

Further re Optional Redemption of High Yield Bonds

Following the announcement yesterday that Invensys plc has exercised a call option on its 9.875% US Dollar and Euro Bonds due 15 March 2011, that will lead to their cancellation on 17 March 2008, the Company has received questions about the ongoing debt of, or guaranteed by, the Group’s parent company, Invensys plc.  

Based on the Group’s debt position at 31 December 2007, excluding the above bonds, the principal debt facilities available to the Group are the credit facilities due 15 December 2010 and 15 January 2011, in the name of Invensys International Holdings Limited and Invensys USA Finance Inc.  The company wishes to make it clear that these facilities are not guaranteed by Invensys plc.

A schedule of the Group debt position as at 31 December 2007 is available on the Invensys website at:

http://www.invensys.com/isys/di/default.asp?top_nav_id=4&nav_id=55&prev_id=54

Contact:
Invensys plc                  Steve Devany                             tel: +44 (0) 20 7821 3758
                                    Kate Elliott                                 tel: +44 (0) 20 7821 2121