I missed out on this one from last rise, hopefully I caught it with the horns this time round...

Recently hit 2.67p...been slowly creeping down...

I think everyone on BB's made money except me...this time Im on the right side.

TA.

Jules99.

get in there,,,,,he`s slick..
ps,,,,,i bet he had been using your old one`s himself.

and go down the sweet - isle,it will take you back???????

Difficult to say if the drop on MTN today is due to the rejection at MKS
or in response to the update today - either way it could do with a lift!!

OK So why didn't we hold back until today to get more BFP?
Could have picked them up for 85p (growl!)

Blame Dave

DAVID!!!!!!! I WANT A WORD!!!
(giggle)

yes true 85,1.06 my last batch........at least we no there bid offer was 1.95.so thats a bottom price as far as i`am concerned,also remember the markets going down hill faster than a ball,a drop of over 200 points in a matter of days,well mtn,has lost what 10 pence,look at the share volume level`s,,,high,,,,look at the trades ,,,,,buy/sell,,,allmost even.
read through the trade statement!!!!!!myself i dont see any problem`s,everthing going out of the shops,,,,,,,bar men`s stuff,,,,,,well,i`ll be honest with you . all i buy for myself from mtm,is socks,,,,,,mens clothers ,,,,,whe are fussy sods,when men by stuff,we dont go to matalan,,,,,,,,,,,,,sorry.
after all i only payed 1.59,,,,,,a would say by the end off the day 2.10 level.

hello,

Ok we'll let you off then! (lol)

if you go to the stores,there busy no doubt about that fact.
there`s not many places that sell at there prices fact.
also,look at all the other stores that have similar problems,my local next store no long have men`s clothers full stop,,,,mks well that`s obvious they can`t give the stuff away, asda wallmart,,well i no they have opened a trial store,with out any food items,going well i belive,,,,well/well/well,we mite have something they want,,,,,after all this is why i bought mtn .

Matalan PLC
09 July 2004



MATALAN PLC



At the Annual General Meeting held on 8th July 2004 the following
resolutions were passed under special business of which resolutions 9 and 10
were special resolutions:-

6. To approve the Board Report on Directors' Remuneration as set out at
pages 11 to 15 (inclusive) of the 2004 Annual Report and Financial
Statements.

7. That, in substitution for all existing authorities and powers relating to
the allotment of relevant securities, save to the extent that the same may
already have been exercised, the directors be and they are hereby generally
and unconditionally authorised pursuant to section 80 of the Companies Act
1985 (the 'Act') to exercise all powers of the Company to allot relevant
securities (as defined in section 80 (2) of the Act) up to an aggregate
nominal amount of 13,757,441.40 provided that:

A) this authority shall expire at the end of the Annual General Meeting of
the Company to be held in 2005 or, if earlier, 15 months after the date
of the passing of this resolution; and

B) the Company may before such expiry make an offer, agreement or
arrangement which would or might require relevant securities to be
allotted after such expiry; and

C) the directors may allot relevant securities pursuant to any such
offer, agreement or arrangement as if the authority hereby conferred
had not expired.

8. That the Company be authorised to make Donations to EU Political
Organisations and to incur EU Political Expenditure (such terms having the
meanings set out in section 347A of the Companies Act 1985 as amended by the
Political Parties, Elections and Referendums Act 2000), not exceeding
100,000 in total during the period beginning 8th July 2004, the date of the
Company's 2004 Annual General Meeting, and expiring at the end of the next
Annual General Meeting of the Company to be held in 2005, or, if earlier, 15
months after the date of the passing of this resolution.

9. That, in substitution for all existing authorities and powers and subject
to the passing of resolution 7 in the notice of Annual General Meeting
contained in the circular to shareholders dated 9th June 2004 of which this
resolution forms part, the directors are empowered, pursuant to section 95
(2) of the Act, to allot equity securities (within the meaning of section 94
(2) and 94(3A) of the Act) for cash pursuant to the general authority
conferred by resolution 7 as if section 89(1) of the Act did not apply to
the allotment, provided that the power conferred by this resolution:

A. will expire at the end of the next Annual General Meeting of the Company
to be held in 2005 or, if earlier, 15 months after the date of the
passing of this resolution, but the Company may before such expiry make
an offer or agreement which would or might require equity securities to
be allotted after expiry of this power and the directors may allot equity
securities in pursuance of that offer or agreement as if the power
conferred by this resolution had not expired; and

B. is limited to:

i) allotments of equity securities where such securities have
been offered (whether by way of a rights issue, open offer or
otherwise) to holders of ordinary shares in the capital of the
Company in proportion (as nearly as may be) to their respective
existing holdings of ordinary shares but subject to the
directors having a right to make such exclusions or other
arrangements in connection with the offer as they deem necessary
or expedient;

a. to deal with equity securities representing fractional
entitlements; and

b. to deal with legal or practical problems arising because the
equity securities are represented by depository receipts or under
the laws of, or the requirements of any recognised regulatory body
or investment exchange in, any territory; and

ii) allotments of equity securities for cash otherwise than pursuant to
paragraph (i) up to an aggregate nominal amount of 2,102,206.90
being equal to 5 per cent of the nominal value of the issued ordinary
share capital of the Company as shown in the financial statements for
the last financial period.

10. That in accordance with Chapter VII of Part V of the Companies Act 1985 or
otherwise as permitted by law and by the Company's Articles of Association,
the Company be generally and unconditionally authorised to make market
purchases (as defined in section 163(3) of the Act) of its own ordinary
shares subject to the terms set out below but otherwise on the terms and
in the manner the directors may, from time to time decide and on the
basis that:

i) no more than 42,044,138 ordinary shares can be purchased;

ii) the lowest price which can be paid for an ordinary share is 10p
(excluding expenses);

iii) the highest price which can be paid for an ordinary share is 5 per cent
over the average of the middle market prices for an ordinary share,
based on the Daily Official List of The London Stock Exchange, for the
5 business days immediately before the day on which the share is
contracted to be purchased (excluding expenses); and

(iv) this authority will expire at the end of the next Annual
General Meeting of the Company to be held in 2005 or, if earlier, 15
months after the date of the passing of this resolution. A contract
to purchase can be made before this authority expires even though
the purchase will or may be competed wholly or partly after this
authority expires.

Copies of the resolutions will shortly be available for inspection at
the UK Listing Authority's document viewing facility situated at the
Financial Services Authority, 25 The Colonnade, Canary Wharf, London E14 5HS.
Telephone number 0207 676 1000.

Contact

J.G. Berry 01695 552400
Company Secretary






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

as long as i get my divi on monday,,,,,,i`ll be happy,seawall well done for all that mate.

Welcome.

Things are looking up late afternoon.

:)

seawall,i will send you an email later. about mtn

Well I personally didn't vote for the political donations bit, personally
I really dislike the whole idea of companies making political donations,
it's all too American - like US presidents being backed by tabacco firms
etc....never know where that kind of thing ends...

OK (off-soap box!) so am I right in thinking there could be a share buy-back?
That would be helpful and might be the MKS stuff due on Monday - fingers
crossed!! Thanks Dave for mentioning the divi is due on Monday, as I was
beginning to wonder where mine was!!

bunny i have sent you another email.

SUNDAY TELEGRAPH :BUY MATALAN AT 206P

insur,are you a holder i am.

dave, long at 178p looks like these are coming back infavour again. chart looks good onwards and upwards i suspect.

nice one insur,my local store is allways busy,,,,,,,and theres no sale on yet.

Dave - cheers received!

have we all had our divi,well of to the bank then.