RNS Number:4310V
The Wellcome Trust
24 April 2007


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM AUSTRALIA, CANADA, 
JAPAN OR THE UNITED STATES 

For immediate release 24 April 2007 


                              ALLIANCE BOOTS PLC 

                                 OFFER UPDATE 

The Consortium of Terra Firma, Wellcome Trust and HBOS, has decided to withdraw 
its potential interest in acquiring Alliance Boots plc ("the Company"). 

Boots is a critically important national institution, and we are naturally 
disappointed not to be able to execute the bold vision we had for the Company 
and its critical role in the provision of healthcare in the UK. However, we are 
pleased that the shareholders of Alliance Boots have received a significantly 
higher price due to our interest, and we wish the Company and all its 
stakeholders well under new ownership. 

For enquiries: 

Andrew Dowler 
Financial Dynamics 
0207 831 3113 



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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