Completion of Acquisition

Embargoed: 0700hrs, 25 October 2004 Delling Group Plc ('Delling' or the 'Group') Completion of Acquisition Delling Group Plc, the marketing support services group, is delighted to announce the completion of its first acquisition since joining the Alternative Investment Market last week. As proposed in the recent admission document, Delling has now completed the acquisition Depicta Fame, a leading, profitable Norway-based expo material production company whose clients include Statoil, Norsk Hydro and McDonalds. Depicta Fame is in the business of printing images and materials for billboard, banner and poster advertising and has an excellent strategic fit within Delling's outsourcing and media production division. Delling has acquired Depicta Fame for approximately £830,000 which has been satisfied though a combination of shares and cash. In the eight months to August 2004 Depicta Fame had unaudited sales of approximately £1.1m and a pre-tax profit of approximately £150,000. Delling believes there is significant potential to increase the profits of Depicta Fame by taking immediate advantage of the synergies in the media production division. This will include the transfer of business that Delling currently out sources to sub contractors in Sweden to Depicta Fame in Oslo. There are also cross-selling opportunities as a result of this acquisition. Aksel Bratvedt,Chief Executive, commented, 'I am very pleased to have completed our first acquisition since listing on the London Stock Exchange. We are establishing an acquisition programme in the outsourcing and media production area of Delling and this represents the first step in the implementation of that programme. Depicta will enhance the offering of our media production division where we are very confident that we can increase sales to the benefit of our shareholders.' -ends- For further information please contact: Aksel Bratvedt,Chief Executive Geir Lolleng, Chief Operating Officer Delling Group plc 020 7010 8210 Ben Simons/Chris Roberts Hansard Communications 020 7245 1100
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