Tarkett Sommer Takes Another Step Toward Aqcuiring

Frankenthal, Germany, July 8--Tarkett Sommer today announced that its offer and take over bid circular for Domco have been mailed to shareholders of Domco on Friday July 4. The offer will be open for acceptance until 11:59 p.m. (Montreal Time) on Friday, August 8. The takeover bid is subject to customary terms and conditions, although it is not subject to any minimum number of shares tendered pursuant to the offer. For a complete description of the terms and conditions of the offer, please refer to the take over bid circular available for review on the Canadian System for Electronic Document Archival and Retrieval (SEDAR) website, under Domco Tarkett Inc., at www.sedar.com. In the event that the minority shareholders of Domco tender 90% or more of their common shares, Tarkett Sommer currently intends to acquire the remaining shares pursuant to the provisions of the Canada Business Corporations Act respecting compulsory acquisitions. If the minority shareholders of Domco tender less than 90% of their common shares but more than 50%, Tarkett Sommer may cause a special meeting of the shareholders of Domco to be called to consider an amalgamation or other transaction enabling Tarkett Sommer or an affiliate to acquire all the common shares not acquired pursuant to the offer. Tarkett Sommer has retained CIBC World Markets as its exclusive financial advisor to assist it in respect of this offer and act as dealer manager with regards to the solicitation of acceptances of the Offer by Domco shareholders. As well, Tarkett Sommer has retained National Bank Trust Inc. as the depositary for the offer. Tarkett Sommer is a holding company headquartered in Frankenthal, Germany, that, through its subsidiaries, manufactures and distributes resilient floor coverings, wood flooring, as well as laminates and textile coverings. Tarkett Sommer manufactures these products at 21 locations in Europe and North America and distributes them in more than 50 countries. Tarkett Sommer employs approximately 7,000 people.


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