Contract Extension

SURGICAL INNOVATIONS GROUP PLC £1.5m contract extension Surgical Innovations Group plc ('SI'), the Leeds-based designer and manufacturer of innovative surgical devices, is pleased to announce a two year extension of its contract with Aesculap AG & Co.KG ('Aesculap'), a division of the German based B Braun Group, worth a minimum of £1.5m. The contract is for the continued supply of laparoscopic single use scissors and for a newly developed range of fully disposable laparoscopic surgical instruments for use in abdominal surgery. Aesculap is a leading manufacturer worldwide of surgical and diagnostic medical equipment and has been dealing with SI since 2002. Commenting on the deal, Graham Bowland, SI's Finance Director, said: 'We are excited about the contract extension as it not only justifies our decision to add fully disposable instruments to our range, but also confirms our growing partnership with Aesculap, a major force in minimally invasive surgery worldwide.' For further information contact: Surgical Innovations Group plc Tel: 0113 230 7597 Graham Bowland, Finance Director Stuart Moran, Technical Director Binns & Co Tel: 020 7786 9600 Ben Knowles Westhouse Securities LLP Tel: 0161 838 9140 David Simmons
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