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Liverpool FC & Athletic Grounds PLC
08 March 2005


PRESS ANNOUNCEMENT

FOR IMMEDIATE RELEASE
8 March 2005
The Liverpool Football Club and Athletic Grounds Plc
('Liverpool FC' or the 'Club')

Update

The Board of Liverpool FC confirms that it is continuing discussions with a
number of parties regarding a potential investment of new funds into the Club.
The Club has discontinued discussions with the L4 Group. A further announcement
will be made when appropriate.

Enquiries
Liverpool FC

Ian Cotton (Head of Press)