AI CLAIMS SOLUTIONS PLC 
By ("Quindell" or the "Group")
Recommended Offer for Ai Claims Solutions plc ("Ai Claims") by Quindell Portfolio Plc
Further to the announcement on 2 April 2012 of the Offer,
Quindell and Ai Claims announce that the Board of Ai Claims
is recommending the Offer. The Offer Document containing the
letter of recommendation from the Board of Ai Claims as well
as the full terms and conditions of the Offer and the related
Form of Acceptance are being posted today (or otherwise made
publicly available) to Ai Claims Shareholders.
To accept the recommended Offer in respect of Ai Claims
Shares, the Form of Acceptance should be completed for shares
held in certificated form, signed and returned or electronic
acceptances made in accordance with the instructions set out
in the Offer Document as soon as possible and, in any event
so as to be received or settled by no later than 1.00 p.m.
(London time) on 15 May 2012.
Definitions used in this announcement have the same meaning
as those used in the announcement of 2 April
2012, unless specified otherwise.
Rob Terry, Chairman & Chief Executive
Laurence Moorse, Group Finance Director
(Nominated adviser and broker)
Stephen Keys /Adrian Hargrave (Corporate Finance) Alex Aylen
/ Andy Roberts (Sales)
Tel: 01329 830 501 terryr@quindell.com
Tel: 01329 830 543 moorsel@quindell.com
Tel: 020 7397 8900
Gillian Baker, Investor Relations
Tracey Terry, Chief Communications Officer
David Sandhu, Chief Executive
Peter Harrison, Chief Financial Officer
Tel: 020 7566 6720 quindell@redleafpolhill.com
Tel:01329836724 bakerg@quindell.com
Tel: 01329 830 501 terrylt@quindell.com
Tel: 0844 571 3108
Tel: 0844 571 3200
Stephane Auton / Patrick Castle Tel: 020 7408 4090
Cenkos Securities plc, which is authorised and regulated in
the United Kingdom by the FSA, is acting exclusively for
Quindell and no one else in connection with the contents of
this announcement, and accordingly, Cenkos will not be
responsible to anyone other than Quindell for providing the
protections offered to clients of Cenkos nor for providing
advice in relation to any matter referred to herein.
Shore Capital & Corporate Limited, which is authorised and
regulated in the United Kingdom by the FSA, is acting
exclusively for Ai Claims and no one else in connection with
the contents of this announcement, and accordingly, Shore
Capital will not be responsible to anyone other than Ai
Claims for providing the protections offered to clients of
Shore Capital nor for providing advice in relation to any
matter referred to herein.
Under Rule 8.3(a) of the Code, any person who is interested
in 1 per cent. or more of any class of relevant securities of
Ai Claims or of any paper offeror (being any offeror other
than an offeror in respect of which it has been announced
that its offer is, or is likely to be, solely in cash) must
make an Opening Position Disclosure following the
commencement of the Offer Period and, if later, following the
announcement in which any paper offeror is first
identified.
An Opening Position Disclosure must contain details of the
person's interests and short positions in, and rights to
subscribe for, any relevant securities of each of (i) Ai
Claims and (ii) any paper offeror(s). An Opening Position
Disclosure by a person to whom Rule 8.3(a) applies must be
made by no later than 3.30 p.m. (London time) on the 10th
business day following the commencement of the Offer Period
and, if appropriate, by no later than 3.30 p.m. (London time)
on the 10th business day following the announcement in which
any paper offeror is first identified. Relevant persons who
deal in the relevant securities of Ai Claims or of a paper
offeror prior to the deadline for making an Opening Position
Disclosure must instead make a Dealing Disclosure.
Under Rule 8.3(b) of the Code, any person who is, or becomes,
interested in 1 per cent. or more of any class of relevant
securities of Ai Claims or of any paper offeror must make a
Dealing Disclosure if the person deals in any relevant
securities of Ai Claims or of any paper offeror. A Dealing
Disclosure must contain details of the dealing concerned and
of the person's interests and short positions in, and
rights to subscribe for, any relevant securities of each of
(i) Ai Claims and (ii) any paper offeror, save to the extent
that these details have previously been disclosed under Rule
8. A Dealing Disclosure by a person to whom Rule 8.3(b)
applies must be made by no later than 3.30 p.m. (London time)
on the business day following the date of the relevant
dealing.
If two or more persons act together pursuant to an agreement
or understanding, whether formal or informal, to acquire or
control an interest in relevant securities of Ai Claims or a
paper offeror, they will be deemed to be a single person for
the purpose of Rule 8.3.
Opening Position Disclosures must also be made by Ai Claims
and by any offeror and Dealing Disclosures must also be made
by Ai Claims, by any offeror and by any persons acting in
concert with any of them (see Rules
8.1, 8.2 and 8.4).
Details of Ai Claims and any offeror companies in respect of
whose relevant securities Opening Position Disclosures and
Dealing Disclosures must be made can be found in the
Disclosure Table on the Takeover Panel's website at
www.thetakeoverpanel.org.uk, including details of the number
of relevant securities in issue, when the Offer Period
commenced and when any offeror was first identified. If you
are in any doubt as to whether you are required to make an
Opening Position Disclosure or a Dealing Disclosure, you
should contact the Panel's Market Surveillance Unit on
+44 (0)20 7638 0129.
Quindell, the Brand Extension Company, helps its clients and
partners to utilise their brands enabling them to achieve
greater sales, provide better service and extend the brand
into new product offerings and alternative routes to
market.
The Group works with over 2,000 brands from SMEs to
blue-chips around the globe, with solutions applying to the
following Sectors & related Supply Chains:
