RETRACTION
PERFORMANCE TIMBER PRODUCTS GROUP

Following the announcement issued on 21st January 2011 regarding the agreement between Performance Timber Products Group (PTPG) and Joint Receivers Fiona Taylor and Colin Dempster of Ernst Young LLP to buy the assets and trade of Blairs Limited, Greenock, Inverclyde, it is today announced that, with regret, PTPG is unable to secure a future for Blairs Limited following a brief period of due diligence.

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