RNS Number:4439I
Capital Management And Investment 
07 March 2003



Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan

For immediate release

                                                                    7 March 2003

                 Capital Management and Investment PLC ("CMI")


In the press this morning, an adviser to CMI was quoted as saying that certain
of Six Continents' largest shareholders favoured an adjournment of next week's
meeting to vote on the company's demerger.  CMI accepts that its advisers did
speak to the newspaper in question but confirms that no shareholder support for
an adjournment can be verified to the standards required by the Panel.



ENQUIRIES



CMI                                            Tel:       00 44 (0) 20 7725 0814
Hugh Osmond


Citigate Dewe Rogerson                         Tel:       0044 (0) 20 7638 9571
Anthony Carlisle (+44 (0)7973 611888)
Sue Pemberton


SHAREHOLDER HELPLINE:                          0800 015 5766
SEE ALSO WEB ADDRESS:                          www.cmi-plc.co.uk



This announcement does not constitute an offer or invitation to purchase any
securities.  This document has been issued by Capital Management and Investment
PLC and has been approved by Credit Suisse First Boston (Europe) Limited and
Lehman Brothers Europe Limited solely for the purposes of section 21 of the
Financial Services and Markets Act 2000.



Credit Suisse First Boston (Europe) Limited, which is regulated by The Financial
Services Authority, is acting for Capital Management and Investment PLC and no
one else in connection with the matters referred to in this announcement and
will not be responsible to any person other than Capital Management and
Investment PLC for providing the protections afforded to clients of Credit
Suisse First Boston (Europe) Limited or for providing advice in relation to the
matters referred to in this announcement.



Lehman Brothers Europe Limited, which is regulated by The Financial Services
Authority, is acting for Capital Management and Investment PLC and no one else
in connection with the matters referred to in this announcement and will not be
responsible to any person other than Capital Management and Investment PLC for
providing the protections afforded to clients of Lehman Brothers Europe Limited
or for providing advice in relation to the matters referred to in this
announcement.



The directors of Capital Management and Investment PLC accept responsibility for
all the information contained in this announcement save that the only
responsibility accepted by them in respect of information relating to Six
Continents PLC and its directors (which has been compiled from public sources),
has been to ensure that such information has been correctly and fairly
reproduced and presented.  Save as aforesaid, to the best of the knowledge and
belief of the directors of Capital Management and Investment PLC (who have taken
all reasonable care to ensure that such is the case), the information contained
in this announcement is in accordance with the facts and does not omit anything
likely to affect the import of such information.



The Offer will not be made, directly or indirectly, in or into or by the use of
the mails or any other means or instrumentality (including, without limitation,
facsimile transmission, telex, telephone or internet) of interstate or foreign
commerce of, or any facilities of a national securities exchange of, the United
States, Canada, Australia or Japan, and the Offer will not be capable of
acceptance by any such use, means, instrumentality or facilities or from within
the United States, Canada, Australia or Japan.  The Offer is not being made to
US Persons or to residents of Canada, Australia or Japan.  No offer is being
made to acquire American Depositary Shares of Six Continents.  This announcement
and other documents related to the Offer may not be electronically accessed by
US Persons or from the United States or from, or by residents of, Canada,
Australia or Japan.  Copies of this announcement, and of any other documents
related to the Offer, are not being and must not be mailed or otherwise
distributed or sent in, into or from the United States, Canada, Australia or
Japan. Persons receiving this announcement (including custodians, nominees and
trustees) or other documents related to the Offer must not distribute or send it
in, into or from the United States, Canada, Australia or Japan.  Any purported
acceptance that is post-marked in or otherwise dispatched from or evidences use
of any means or instrumentality of interstate or foreign commerce of the United
States, Canada, Australia or Japan will be invalid.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
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