Williams Advanced Engineering
Williams Grand Prix Holdings plc (“Williams”) notes the recent press speculation with regards to Williams Advanced Engineering (“WAE”). In order to support and accelerate WAE’s long term growth, including the commercialisation of various technology opportunities, Williams confirms it is in the early stages of exploring options for WAE, including the possible sale of an equity stake in WAE. There can be no certainty that a transaction will be forthcoming. Any further announcements will be made as appropriate.