P524    Telwtext   524 Dec23 00:53:24
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 ———————————————— NEWS ———————— 
 IGNORE BID, NORTHERN URGES             
                                        
 The chairman of Northern Electric,     
 David Morris, is s nding a letter to   
 shareholders to advise them to ignore  
 the £1.2bn bid by Trafalgar House.     
                                        
 The Board, which is bjin7 advised Rz   
 SG Warburg, strongly urges shareholders
 to take no action.                     
                                        
 The hostile "id jrom Trafalgar was     
 announced earlier this week after much 
 speculation in the City.               
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