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Comment & Analysis

Monday December 8, 11:02 AM
BRIEF-Vianet says calls in administrators

LONDON, Dec 8 (Reuters) - VIANET GROUP PLC:

* Has today filed in the court of session its notification of intention to

appoint administrators to the company.

* Exclusive discussions are ongoing with a third
party concerning a possible

disposal of its sole trading subsidiary, Vianet Ltd.

* Vianet (LSE: VIA.L - news) has received interim funding of 100,000 pounds from such third party.

* Funding has been made available by Barkley Ltd, a substantial shareholder in the company.

* Completion of the disposal of Vianet will be concluded within a few

weeks after the appointment of administrators.

((London Equities Newsroom; +44 20 7542 7717))

(For more news, please click here)

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