Institutional Shareholder Response to Offer for Wegener NV

London (ots/PRNewswire) - Governance for Owners LLP (GO), one of
the largest institutional shareholders in Koninklijke Wegener NV
(Wegener) holding 13.29% of Wegener's ordinary shares, announces its
response to the offer by Mecom Group plc for Wegener made on 28
August 2007. GO believes that this offer does not reflect the true
value of Wegener and leaves Mecom with all the benefits from
acquiring this improving, high-quality Dutch business.

- GO is a long term supportive shareholder and sees Wegener as
having an excellent future with considerable scope for increasing
shareholder value and growing profits over a number of years.

- As the recent positive results demonstrate, Wegener management
is implementing a strong profit improvement programme - the offer
does not include the value of these improvements which belong to
existing Wegener shareholders. In addition, a link with Mecom will
create further synergies - a fairer proportion of these profits
should accrue to Wegener shareholders.

- The acquisition of Wegener appears to be critical part of
Mecom's strategy and this is not reflected in the value of the bid.

Commenting on the offer Peter Butler, founder partner and CEO
of GO, said:

"This offer is an attempt to acquire Wegener for less than its
real value.

Governance for Owners is not convinced that Mecom is the right
partner for Wegener at this stage of its development.

As a long term shareholder, we wish to encourage Wegener's
management to explore alternative growth options."

Background

Mecom launched its offer on 28 August 2007 for Wegener at a price
of EUR17.70 or 14.287 Mecom shares per Wegener share. Mecom is traded
on AIM in London.

Funds under the management of GO own 5,961,994 ordinary shares in
Wegener, which represents 13.29% of Wegener's ordinary share capital.

Governance for Owners

GO is an independent partnership between major financial
institutions, shareowners and executives dedicated to adding
long-term value for clients by exercising owners' rights. There are
two main product offerings. The GO European Focus Fund, which invests
in European public companies where value can be added through making
use of ownership rights. The GO Stewardship Services offers voting
and underlying engagement service covering 1,500 quoted companies in
Europe, the US and SE Asia combined with a more intensive programme
of enhanced-value engagement. http://www.g4owners.com

Governance for Owners will not be liable towards third parties
on the basis of this statement.

ots Originaltext: Governance for Owners LLP
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information, please contact: Anne Louise van Lynden,
Investor Voice (for GO), +31-343-561-727