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Villa Shares To Be Returned

This is what I've been clumsily suggesting would happen. Hey, I knew if I kept plugging away all these years, one day I'd get something correct!

Reform Acquisitions Limited 18 August 2006


18 August 2006

Posting of Letter from Reform Acquisitions Limited ('RAL')to Shareholders of Aston Villa plc ('Aston Villa')

The Board of RAL announces that it is today posting a circular (the "Circular") setting out a proposal from RAL in respect of the share certificates of accepting Aston Villa Shareholders.

The text of the letter from RAL, contained in the Circular is set out below:

Registered in England and Wales with registered no. 05891280

Directors Randolph Lerner, Michael Keenan, Michael Martin, Registered Office:C/o Arnold & Porter (UK) LLPTower 4225 Old Broad StreetLondonEC2N 1HQ

18 August 2006

Dear Shareholder

Recommended Cash Offer for Aston Villa by Reform Acquisitions Limited - Commemorative share certificates

On 14 August 2006, RAL made an Offer, subject to the conditions and further terms set out in the offer document (the 'Offer Document'), to acquire the entire issued and to be issued ordinary share capital of Aston Villa.

RAL understands that for certain Aston Villa Shareholders it is difficult to relinquish what has become a physical representation of their interest and commitment to the Club. Therefore, in the event that you accept the Offer and to the extent that the Offer is declared unconditional in all respects (i.e. legally completed), RAL intends to return to you your share certificate, embossed with a commemorative logo. In all other circumstances, the original share certificate will be returned to you.

Shareholders that accept the Offer can expect to receive their commemorative certificates shortly after they receive the cash due to them in connection with their acceptance of the Offer.

We very much look forward to providing to Aston Villa Shareholders this fitting memento that reflects their passionate and, we hope, continuing support for this great Club.


Reform Acquisitions Limited

Seymour Pierce Limited, which is authorised in the United Kingdom by the Financial Services Authority, is acting exclusively as financial adviser to RAL and no one else in connection with the Offer and will not be responsible to anyone other than RAL for providing the protections afforded to clients of Seymour Pierce or for providing advice in relation to the Offer or any other matters referred to in this document.

The RAL Directors, whose names are set out above, accept responsibility for all the information contained in this document. To the best of the knowledge and belief of the RAL Directors (who have taken all reasonable care to ensure that such is the case), the information contained in this document for which they are responsible is in accordance with the facts and does not omit anything likely to affect the import of such information.

The distribution of this announcement in jurisdictions other than the UK may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the UK should inform themselves about, and observe, any applicable requirements. In particular, the Offer is not being made, directly or indirectly, in the United States, Canada, Australia or Japan.

Terms used in this letter shall, unless the context otherwise requires, have the same meaning given to them in the Offer Document.

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The Journalist

Writer: J P Fear Mail feedback, articles or suggestions

Date:Friday August 18 2006

Time: 11:52AM

Your Comments

Isn't Randy just brilliant?
Well done Randy
Just off to put mine in the post.
I want Randy's children, Sandy, Andy and Pandy
Does all this mean that Randy is our Man or do we have to wait for AV06? please tell me he is.
irish villa
MY god, someone who cares about us.
seems bizarre to be getting positive news doesn't it? My shares and my family shares went in the post today, come on the Villa!
The Fear
Oh Randy your the greatest the Holte End say..... Family shares in the post Have a nice day.
is this really the aston villa site??im not used to so much positive aura
I understand that returning the shares back to the holders is all about good public relations but this is something that would never have happened when Doug was controlling the club. Just wanted to ask for people's thoughts regarding Tony (I can't shut up) Butler on radio WM. Last night the idiot was saying that Randy only wants to buy the club because he wants to build a casino. He was also saying that the club shouldn't be sold to an American and the new board of directors have no idea of what is involved with football. The guy is a complete waste of time. Firstly, from whom is he obtaining this information about what Mr Lerner wants to do with the club ? Secondly I am not interested in the nationality of our owner and Chairman provided their intentions are honourable and they are doing what is best for the club. I believe these are the same sentiments of every Villa fan who only want what is best for the club. It would appear that Tony Butler has been listening to what AV06 have been saying regarding Mr Lerner and his nationality. Correct me if I am mistaken but there are several nationalities involved with AV06 according to Padfield. If this is the case then my question to Tony Butler would be, Who exactly should buy the club ? Michael Neville perhaps ? who evidently does not have the financial backing to buy the club and actually move us forward. Can someone please shut Tony Butler up. He is an embarrassment to radio WM and should reveal his sources when making wild accusations about a person who has attempted to conduct his business by the rules. Keep the lions flag flying high
I've said it before and if I have to I'll say it again (but I hope not as this is getting boring), this casino line is absolute b0!!0*. I'm not saying he won't open a casino, and given a licence, at a later date Mr Lerner may well do this, however, what is the point in spending 62.5 million buying a football club if what you really want to do is build a casino? Perhaps Butler, when he goes shopping at Tesco to buy a loaf of bread, feels compelled to go to the shop down the road and buy a pair of shoes first, just to legitimise his bread purchase. That is how ridiculous this rumour is. There is no rule stating that in order to open a casino one has to first own a football team and how glad I am for that, it would be absolutely ridiculous. As for using AVFC to establish himself as a legitimate business man in the UK, there are far safer and less complex ways of doing it than buying a football club. I can, therefore, see no possible connection between the two possibilities. This is not to say that, once established, none of these things will happen as Mr Lerner is a business man and will no doubt want to explore all sensible avenues for expansion but this does not mean that a casino or any other business not connected with the football club is his motivation.
Villain Of The North
The Randy Stand
I have one of those every morning when I wake up murph. :o)
Villain Of The North
Don't get me wrong everyone, I NEVER wake up murph, I was just addressing my comments to him.
Villain Of The North
Glad you clarified that Villain Of The North. Well what can you say, but Randy comes through again!
One smooth operator. (Villian of the North that is). It ain't over to the fat lady sings but it's looking good. Some of the polls President Fear did suggest some fans don't want Randy. This being the case not all shares may be returned expediously. When can Randy take his seat? When al shares are in? Looking like they'll be no money until January. Tommorrow is the first day of the rest of our lives.
VOTN, so when does Murph wake Up? Before or after the stand is down. Because you have implied that you and Murph are in the same bed now. ;->
NY Villa
All radio DJ's are far too opinionated, even more so the small local ones because they feel they need to shout louder to be heard. remember, your a DJ because your too ugly to be on TV !!
Randy wants my shares back? I would give him my right leg if he asked. Up the Villa!
The reason I never wake up Murph is because I have never even met him but if he wants a phone call to make sure he wakes up early enough om match days......the cheap sod should buy himself an alarm clock. As far as what you said NY Villa, you're just jealous so you read into it what you want :o}
Villain Of The North
This total black talk to me! I have 10000 shares, but do I get!?
Lerner won the game
'notthedougellisstand' didn't hear the Tony Butler thing, but he is old school, you can understand him in some ways, but ffs, he should get with the times really? I have always thought that Birmingham is cosmopolitan, I like the fact the Americans are coming, better than the old school tie lot from London who would be in it for the boasting rights. These chaps will be a breath of fresh air, have new ideas etc. Maybe Butler should have waited and talked, or read what was on offer before going off on one? Free world though, all entitled to their opinion. The casino stuff is old news and Tony should get himself better informed and read the offer document.
The Fear
Whats wrong with a casino anyway? Everyone has attached some sort of 'stigma' to the idea of building a casino. I would have thought that any club attached to a casino would be very profitable. Some casinos arround the globe actually prop up governments. Look at Nevada and Melbourne for example.
could someone please tell me when randys take over can be completed,coz im getting very restless with all this av06 talk. i just want it done and dusted once and for all! and another question would be what happens if the speculation is true and av06 do make a bid next week,where does that leave us?
Belfast Villain
Everything iv read about randy makes him sound like the chairman sent from heaven to replace the one from hell.
the flying villain

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