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STOCK EXCHANGE ANNOUNCEMENT

Posted on 27 July 2007  - 12:00

The following announcement was issued to the Stock Exchange today...

The following announcement was issued to the Stock Exchange today...

CASH OFFERS by ENIC INTERNATIONAL LTD for TOTTENHAM HOTSPUR PLC

FIRST CLOSING DATE AND EXTENSION OF OFFERS

On 5 July 2007, ENIC International posted an offer document (the "Offer Document") to Tottenham Hotspur Shareholders in respect of the mandatory cash offers under Rule 9 of the City Code of 113.6 pence for each Tottenham Hotspur Ordinary Share (the "Ordinary Offer") and GBP1,773.77 for each Tottenham Hotspur
Preference Share (the "Preference Offer").

Both the Ordinary Offer and the Preference Offer are now unconditional in all respects, following ENIC International's announcement on 13 July 2007. The Board of ENIC International now announces that the Offers have been extended and will remain open for acceptance until 23 August 2007.

As at 1.00 p.m. (London time) on 26 July 2007, being the first closing date of the Offers (the "First Closing Date"), valid acceptances of the Offers had been received in respect of 17,826,919 Tottenham Hotspur Ordinary Shares and 2,809 Tottenham Hotspur Preference Shares, representing approximately 19.25 per cent.
and 4.78 per cent. of the existing issued ordinary and preference share capital of Tottenham Hotspur respectively.

ENIC International is also interested in 44,052,675 Tottenham Hotspur Ordinary Shares and 53,252 Tottenham Hotspur Preference Shares, representing approximately 47.56 per cent. and 90.56 per cent. of Tottenham Hotspur's existing issued ordinary and preference share capital, respectively.

Therefore, as at 1.00 p.m. (London time) on 26 July 2007, ENIC International owned, controlled or had received valid acceptances in respect of a total of 61,879,594 Tottenham Hotspur Ordinary Shares and 56,061 Tottenham Hotspur Preference Shares, representing approximately 66.81 per cent. and 95.34 per cent. of the existing issued ordinary and preference share capital of Tottenham Hotspur respectively.

Tottenham Hotspur Ordinary Shareholders and Tottenham Hotspur Preference Shareholders who wish to accept the Ordinary Offer and / or the Preference Offer, and who have not yet done so, should act in accordance with the instructions set out in the Offer Document dated 5 July 2007 and (in respect of Tottenham Hotspur Shares held in certificated form) the Form(s) of Acceptance as soon as possible. Further copies of the Offer Document and Forms of Acceptance are available to Tottenham Hotspur Shareholders who are entitled to receive these documents by calling Capita Registrars on 0870 162 3121 (or, from outside the United Kingdom, +44 20 8639 3399) between 9.00 a.m. and 5.00 p.m. (London time), Monday to Friday (excluding UK public holidays).

Settlement will be effected on or before 9 August 2007 to such Tottenham Hotspur Shareholders who validly accepted the relevant Offer(s) prior to the First Closing Date. Settlement for Tottenham Hotspur Shareholders who validly accept the relevant Offer(s) from the First Closing Date onwards will be effected within 14 calendar days of receipt of their valid acceptance.

Certain terms used in this announcement are defined in the Offer Document dated 5 July 2007.

Enquiries:

Holborn PR (PR adviser to ENIC International) Tel: 020 7929 5599
Trevor Phillips 07889 153628

Kaupthing Limited (Financial adviser to ENIC International) Tel: 020 3205 5000
Jos Trusted, Cameron Jack

Seymour Pierce Limited (Joint financial adviser to Tottenham Hotspur) Tel: 020 7107 8000
Richard Feigen, Jonathan Wright

Tricorn Partners LLP (Joint financial adviser to Tottenham Hotspur) Tel: 020 7823 0888
Guy Dawson

Hansard Group (PR adviser to Tottenham Hotspur) Tel: 020 7245 1100
John Bick

Kaupthing Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for ENIC International and no one else in relation to the Offers and will not be responsible to anyone other than ENIC International for providing the protections afforded to clients of Kaupthing Limited or for providing advice in relation to the Offers or any matter referred to in the Offer Document.

Seymour Pierce Limited and Tricorn Partners LLP, each of which is authorised and regulated in the United Kingdom by the Financial Services Authority, are acting exclusively for Tottenham Hotspur and no one else in relation to the Offers and will not be responsible to anyone other than Tottenham Hotspur for providing the
protections afforded to their respective clients or for providing advice in relation to the Offers or any matter referred to in the Offer Document.

This announcement is not intended to and does not constitute, or form part of, an offer or an invitation to purchase or sell Tottenham Hotspur Ordinary Shares or Tottenham Hotspur Preference Shares or any other securities pursuant to the Offers or otherwise. The Offers are being made solely by the Offer Document and
the Forms of Acceptance, which contain the full terms and conditions of the Offers, including details of how they may be accepted.

The availability of the Offers to persons not resident in the United Kingdom may be affected by the laws of the relevant jurisdictions. Persons who are not resident in the United Kingdom, or who are subject to the laws of any
jurisdiction other than the United Kingdom, should inform themselves about and observe any applicable requirements. Further details in relation to overseas shareholders are contained in the Offer Document.

The Offers are not being made, directly or indirectly, in or into the United States or by use of the mails of, or by any means or instrumentality (including, without limitation, facsimile or other electronic transmission, telex or
telephone) of inter-state or foreign commerce of, or any facility of, a national, state or other securities exchange of, the United States, nor are they being made directly or indirectly in or into Canada, Australia or Japan and the
Offers cannot be accepted by any such use, means, instrumentality or facility or from within the United States, Canada, Australia or Japan or any other such jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction. Accordingly, copies of this announcement, the Offer Document and the Forms of Acceptance are not being, will not be and must not be mailed or otherwise forwarded, distributed or sent in, into or from the United States, Canada, Australia or Japan or any other such jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction and persons receiving this announcement, the Offer Document and the Forms of Acceptance (including without limitation custodians, nominees and trustees) must not mail,
forward, distribute or send them in, into or from the United States, Canada, Australia or Japan or any other such jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction. Doing so may render
invalid any purported acceptance of the Offers.