TWT 2Waytraffic

RNS Number:3681R
2waytraffic N.V.
02 April 2008


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM THE UNITED STATES OF AMERICA,  CANADA, AUSTRALIA, OR JAPAN OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS 
OF SUCH JURISDICTION

                    Offer update - Recommended cash offer

                                      by

                              2JS Productions B.V.

       (a wholly-owned group company of Sony Pictures Entertainment Inc.)

                                     for

                               2waytraffic N.V.


On 13 March 2008, 2JS Productions B.V. ("2JS Productions") announced the terms
of a cash offer for the entire issued  and to be issued share capital of
2waytraffic N.V. ("2waytraffic"), which was recommended by the board of
2waytraffic.  In the offer document dated 19 March 2008 (the "Offer Document"),
2JS Productions stated that 2waytraffic Shareholders  holding approximately 61.0
per cent. of the existing issued share capital of 2waytraffic had agreed to sell
their  2waytraffic Shares to 2JS Productions.

2waytraffic has been notified that 2JS Productions has received commitments to
accept the Offer and valid acceptances  of the Offer in respect of 89,543,771
2waytraffic Shares. 2JS Productions has also notified 2waytraffic that it has 
made market purchases of 9,355,000 2waytraffic Shares on 1 April 2008. 2JS
Productions therefore owns, or has received  commitments or valid acceptances in
respect of, 98,898,771 2waytraffic Shares representing in aggregate
approximately  75.7 per cent. of the existing issued share capital of
2waytraffic.

Procedures to accept the Offer

If 2waytraffic Shareholders wish to accept the Offer in respect of 2waytraffic
Shares in registered form (i.e. not  represented by depositary interests in
CREST), they should sign, complete and return the Form of Acceptance in 
accordance with the instructions printed on it so as to be received by the
Receiving Agent by post to Computershare  Investor Services PLC, Corporate
Actions Projects, Bristol, BS99 6AH, United Kingdom or by hand (during normal
business  hours) to Computershare Investor Services PLC, The Pavilions,
Bridgwater Road, Bristol, BS13 8AE, United Kingdom, as  soon as possible and in
any event so as to be received by no later than 1.00 p.m. (GMT) on 9 April 2008.

For 2waytraffic Shareholders whose shareholding is represented by depositary
interests (i.e. in CREST) and who wish to  accept the Offer, their acceptance
should be made electronically through CREST so that the TTE instruction settles
by  no later than 1.00 p.m. (GMT) on 9 April 2008.

If 2waytraffic Shareholders are in any doubt as to the procedures for
acceptance, they should telephone the Receiving  Agent on 0870 707 1708 (from
within the UK) or +44 870 707 1708 (from outside the UK).  The full terms and
conditions  of the Offer and further details of the acceptance procedures are
included in the Offer Document.

Enquiries:

2waytraffic                           Tel: +44 (0) 20 7908 5020
Kees Abrahams, CEO

Investec
Ben Poynter                           Tel: +44 (0) 20 7597 5117

Terms defined in the Offer Document shall, unless the content otherwise
requires, have the same meaning in this  announcement.

This announcement does not constitute or form part of an offer for, or
solicitation of any offer for, or invitation to  sell or purchase or subscribe
for any securities. The Offer is being made solely by means of the Offer
Document and, in  respect of 2waytraffic Shares held in registered form, the
Form of Acceptance accompanying the Offer Document which  contain the full terms
and conditions of the Offer, including details of how it may be accepted.

Investec is acting exclusively for 2waytraffic and no-one else in connection
with the Offer and will not be responsible  to anyone other than 2waytraffic for
providing the protections afforded to clients of Investec nor for providing
advice  in relation to the Offer or any matter referred to in this announcement.
Investec is authorised and regulated in the  United Kingdom by the Financial
Services Authority.

The Offer is not being made, directly or indirectly, in or into, and will not be
capable of acceptance in or from,  Canada, Australia or Japan. In addition it is
not currently intended that the Offer will be made, directly or  indirectly, in
or into, or by use of mails or any means or instrumentality (including, without
limitation, facsimile  transmission, telephone or internet) of interstate or
foreign commerce of, or any facilities of a national securities  exchange of,
the United States and it is not currently intended that the Offer will be
capable of acceptance by any  such use, means, instrumentality or facility or
from within the United States. Accordingly, copies of this announcement  are not
being, and must not be, mailed or otherwise forwarded, distributed or sent in or
into or from the United  States, Canada, Australia or Japan. Custodians,
nominees and trustees should observe these restrictions and should not  send or
distribute this announcement in or into the United States, Canada, Australia or
Japan.





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

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