Acquisition

Bodycote International PLC 21 February 2001 21 February, 2001 PRESS RELEASE Bodycote acquires testing laboratories in Sweden BODYCOTE INTERNATIONAL PLC is pleased to announce the acquisition by its materials testing group of the entire share capital of Celsius Materials Karlskoga AB (CMK) of Sweden, a subsidiary of SAAB AB. The company whch will trade as Bodycote CMK AB has laboratories in Karlskoga and Karlstad and specialises in the shelf life assessment of components in addition to the provision of a full range of mechanical testing analysis and evaluation of metals and polymeric materials. The transaction also includes a long term agreement for co-operation and supply of services to SAAB's subsidiary CSM Materialteknik in continuation of Bodycote's strategy to align itself with major international high technology businesses. In the twelve months ended 31st December 2000 CMK earned profits before tax of SEK 2.8 million (£0.2 million) on sales of SEK 23.3 million (£1.7 million). Bodycote Materials Testing intends to further develop its presence in Sweden through investment and expansion of CMK in conjunction with its existing subsidiary Bodycote Polymer AB based in Nykoping. Enquiries: Derek Sleight Joint managing director Bodycote Material Testing Group Limited 0131-333-4360

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Bodycote (BOY)
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