Reclassificaiton of Shares

DCC PLC 31 August 1999 DCC Reclassified by FTSE to Distributors - Other DCC plc announces that the FTSE Actuaries Industry Classification Committee has reclassified its shares from 'Diversified Industrials' to 'Distributors - Other' with effect from the close of business on 17 September 1999. DCC adds value in the marketing and distribution of its own and third party branded products and provides supply chain management services. The leading brands marketed and distributed by DCC include:- - in the computer market - Cisco, Compaq, Epson, Hewlett Packard, Microsoft, Sega, Sharp and Sony; - in the healthcare market - Bard, Becton Dickenson, Casa Garden*, DMA*, Healthilife*, Roche Boehringer, Shoprider, Smiths Industries, Stratec and US Surgical; - in the energy market - Emo* and Flogas*; and - in the foods market - Bollinger, Jordans, Kelkin*, KP, Phileas Fogg, Robinsons, Robt. Roberts* and Torres. * DCC owned brands Jim Flavin, Chief Executive & Deputy Chairman, said today: 'This reclassification reflects DCC's focused approach to value added marketing and distribution which generated 84% of the Group's operating profits in the year to March 1999. DCC adds value in the marketing and distribution of its own and third party branded products in the computer, healthcare, energy and foods markets. DCC has built strong positions in growth segments of these markets in Britain and Ireland. DCC is committed to excellent customer and vendor service through product trained and focused sales teams, efficient logistics, the effective use of information technology - including the planned introduction of innovative e-commerce initiatives - and the adoption of best practice throughout the Group. With strong cash flows and modest gearing DCC has the financial resources to pursue its growth plans with a particular focus on the computer and healthcare markets.' DCC's profit before goodwill and taxation for the year ended 31 March 1999 amounted to EUR 59.2 million on turnover of EUR 1,059.3 million. Return on capital employed excluding goodwill was 36.3% and including goodwill was 21.2%. At 31 March 1999 shareholders' funds amounted to EUR 195.2 million with a net debt ratio of 10.4%. DCC has achieved consistent sales and earnings growth, with compound growth in earnings per share of 18.1% per annum since 1992. Its current market capitalisation is EUR 627 million. The Group employs 2,700 people. For reference: Jim Flavin Tel: +353 1 2831011 Chief Executive/Deputy Chairman Email: jflavin@dcc.ie Michael Scholefield Investor Relations Manager Email: mscholefield@dcc.ie

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DCC (CDI) (DCC)
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