Completion of Acquisition

Immediate Release 22nd Sept 2006 Avingtrans plc ("Avingtrans" the "Company" or the "Group") Completion of Acquisition of B&D Patterns Limited ("B&D") Further to the announcement of 15 September 2006, in which the Company announced the conditional acquisition of B&D for up to £10.5m, the Board of Avingtrans plc is pleased to confirm the completion of this acquisition and set out its plans for the grouping together of its aerospace businesses to form a formidable aerospace components manufacturing and servicing division within the Avingtrans group. B&D, based in the midlands, was founded over 45 years ago and has grown to become a market leader in rigid and flexible pipe assemblies and components for prestigious customers such as Rolls Royce, Messier Dowty and Dunlop Aerospace for use in their jet engines. Avingtrans recently acquired 75% of Sigma Precision Components which provides a range of services to aerospace and high technology markets and is in advanced stages of constructing an aerospace component manufacturing facility in Chengdu, China. These two business, together with the C&H Precision Finishers subsidiary, which provides high specification finishing and polishing of aeroengine blades to clients including Rolls Royce, form a significant aerospace division at Avingtrans. The Directors envisage considerable synergies, cross-selling opportunities and economies of scale arising from the linking together of these three businesses and are pleased to appoint Mark Johnson, currently MD of Sigma Precision Components, as Managing Director of Avingtrans' Aerospace Division. Ken Baker, Chairman of Avingtrans, commented, "The move to expand and group together our aerospace subsidiaries to strengthen our position in global aerospace leaves Avingtrans poised to take advantage of a market that is not only seeing very high growth at this time, but has excellent long-term potential for the Group. The synergies of the three individual businesses will offer tremendous opportunities to leverage off each other and enjoy the benefits of growth as part of a group of very exciting companies." For further information please contact: Ken Baker, Chairman Steve Lawrence, Managing Director Avingtrans plc Tel. 01159 499 020 Ben Simons/Adam Reynolds Hansard Communications Tel. 020 7245 1100 Nick Lovering Bridgewell Tel. 020 7003 3000

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