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Arsenal Holdings plc - INTERNATIONAL MIDFIELDER AGREES TO JOIN ARSENAL

Arsenal Holdings plc         Newstrack Announcements                27/06/2005 

                            Arsenal Holdings plc

              INTERNATIONAL MIDFIELDER AGREES TO JOIN ARSENAL

Arsenal Holdings plc is pleased to confirm that Belarus international
midfielder, Alexander Hleb has today agreed to join Arsenal Football Club from
Bundesliga side VfB Stuttgart, subject to a medical and obtaining a work
permit.


Hleb (24), who made 137 appearances in his five years with Stuttgart and has
made 18 International appearances for Belarus, has agreed to join Arsenal on a
long term contract. The maximum consideration payable by Arsenal for the
transfer, which is subject to various appearance and performance criteria,
amounts to approximately EUR15 million Euros.


A further announcement will be made upon completion of the transfer. 
 
The directors of Arsenal Holdings plc take full responsibility for the contents
of this announcement.

 
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