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<p><strong> </strong></p><p> </p><p>The Insolvency Service’s Redundancy Payments Service
has paid out a total of £23,687,320.37 in statutory entitlements to 4,918 former employees
of Comet Group Plc.</p><p> </p><p>It is not possible at present to estimate the total
cost to the Exchequer of meeting all liabilities in this case. Further payments will
depend on the findings of the Employment Tribunal regarding the employees covered
by the protective award judgment, and any associated costs. Consideration of this
matter is ongoing and expected to be resolved this year.</p><p> </p>
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