Acquisition

DCC PLC 28 July 2000 DCC EXPANDS ITS OIL DISTRIBUTION BUSINESS 28 July 2000 DCC plc, the value added marketing and distribution group, announces that it has acquired Fuel Services, the long established Northern Ireland oil distribution business, from John Hogg & Co Limited. The consideration for the acquisition was EUR7.5 million which was satisfied in cash. With a head office in Belfast, Fuel Services supplies a range of domestic, commercial and industrial businesses throughout Northern Ireland. Jim Flavin, Founder and Chief Executive of DCC, said today: 'DCC's oil distribution businesses in both Northern Ireland and the Republic of Ireland have achieved excellent growth over the last number of years. The acquisition of Fuel Services complements our existing oil distribution business in Northern Ireland, which comprises Emo Oil and Cawoods Oil (which was acquired in August 1999). DCC is now the leading oil distributor in Northern Ireland.' For reference: Kevin Murray Managing Director, DCC Energy Tel: + 353 1 2831011 DCC Website: www.dcc.ie

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DCC (CDI) (DCC)
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