Response to Sulzer Statement

Bodycote International PLC 27 April 2007 NOT FOR RELEASE PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN Bodycote International plc ('Bodycote' or the 'Group') Response of Board of Bodycote to Sulzer AG ('Sulzer') announcement The Board of Bodycote notes Sulzer's recent announcement that it is no longer considering making an offer for the Group. The Board wishes to clarify that it has had further discussions since its most recent announcement earlier today with Sulzer and its advisors in which Sulzer and its advisors made clear that the maximum incremental price that they may have been prepared to propose as a result of access to due diligence and a board recommendation would have been 2p per share, conditionally increasing their proposal to 342p per share plus the final dividend of 4.5p. The Board continued to believe that this undervalued the Group and its prospects and would not have been prepared to recommend an offer at this level. The Board nonetheless offered Sulzer the opportunity to meet face to face to discuss a potential way forward. The Board made it clear that, to this end, they were prepared to seek the Takeover Panel's consent to extend the deadline for Sulzer to have made a Rule 2.5 announcement or announced no intention to bid until 5pm on Monday 30 April. Sulzer declined to accept this proposal. The Board remains confident in the prospects for the Group. The Board firmly believes that the current strategy and proven track record of the management will result in continued delivery of growth and excellent returns for shareholders. Enquiries: Bodycote International plc 01625 505 300 John Hubbard David Landless Financial Dynamics 020 7831 3113 Jon Simmons Andrew Dowler This information is provided by RNS The company news service from the London Stock Exchange

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