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London, 29 June 2007 -- EMI Group plc (“EMI”) announces that, through a wholly-owned subsidiary, it has today completed the acquisition first announced on 13 December 2006 of the 45 per cent shareholding in Toshiba-EMI Limited (“TOEMI”) previously held by Toshiba Corporation for a total cash consideration of JPY 21,000 million (approximately £93 million) as a result of which EMI now owns 100 per cent of TOEMI. TOEMI will be renamed EMI Music Japan as of 30 June 2007.
Enquiries:
EMI Group plc Amanda Conroy Corporate Communications +44 20 7795 7529 Pippa Strong Investor Relations +44 20 7795 7681
Brunswick Group LLP Patrick Handley +44 20 7404 5959
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