Sale of ITP for Eur18.0m

DCC PLC 30 March 2000 DCC Realises Gain of EUR 18.0 million on Sale of ITP 30 March 2000 DCC plc, the value added marketing and distribution group, announces that its wholly owned subsidiary, SerCom Solutions Limited, has agreed to sell its 90% owned subsidiary, International Translation & Publishing Limited ('ITP'), to SDL plc, a UK software, internet products and services company. Jim Flavin, Chief Executive & Deputy Chairman of DCC, said today: 'On 27 September 1999 DCC announced that its subsidiary SerCom Solutions had expanded its range of services to the IT and telecommunications sectors to embrace supply chain management and e-commerce fulfilment. In order to focus the development of SerCom Solutions on these exciting growth areas we have decided to sell ITP, the specialist localisation business.' SerCom Solutions will receive a cash consideration on the disposal of ITP of EUR 19.8 million and SDL will also assume ITP's bank debt at completion (currently amounting to approximately EUR 3.6 million). The sale will result in a gain for DCC before tax on book value of approximately EUR 18.0 million. SerCom Solutions is a leading supplier of outsourced supply chain management services to the IT and telecommunications industries. Its customers include 3Com, Canon, Dell, IBM, Lucent, Mattel Interactive, Microsoft, Motorola and Nortel Networks. Given the pace of new product development, these new companies are increasingly outsourcing key aspects of their supply chain in order to achieve shorter lead times to market, reduced inventory levels and more cost effective and efficient distribution. In order to capitalise on this growing trend SerCom Solutions is enhancing its IT systems and developing a range of e-commerce solutions. For reference: Michael Scholefield Tel: +353 1 283 1011 Investor Relations Manager www.dcc.ie

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