Acquisition

Delling Group PLC 19 April 2005 For release 7:00 am 19th April 2005 Delling Group Plc Two acquisitions in Norway Delling Group ('Delling Group' or 'the Company'), the marketing support services group, announces that it has exchanged contracts to acquire two businesses in Norway, Unikum Professional Imaging and Andre Worldwide Visual Communications, for a total consideration of £100,000, or approximately one times pre-tax profit. The acquisitions, which are due to complete on the 1 May 2005, will be satisfied by either a cash payment of £50,000 or the assumption of £50,000 of debt by the Company and the remainder of the consideration will be satisfied by the issue of 139,586 new ordinary shares in the Company at a price of 30p per share. The acquired privately-owned businesses have a total turnover of approximately £1m and a pre-tax profit of approximately £100,000. Unikum Professional Imaging specialises in re-touch and scanning photographic work and high end poster production. Andre Worldwide Visual Communications specialises in the creation of exhibition stands. The new businesses, incorporating the assets and key employees, will be fully integrated into Delling Group's current businesses in Norway to exploit the customers demand for a 'one shop' supplier in the marketing support industry. The acquired businesses have a strong customer base. Commenting on the acquisitions, Geir Lolleng, Chief Operating Officer of Delling Group, said: 'These acquisitions represent an excellent platform to support Delling Group's strategy of strong organic growth and also exploit the demand for fully serviced outsourced marketing. The deals have been structured in a way to optimise the shareholder value and avoid unnecessary dilution for current share holders.' Geir added: 'Delling Group, in line with its strategy, has a number of ongoing discussions regarding acquisitions that might or might not lead to deals in the coming few months. These discussions relate to businesses that range in size from £300,000 to £3m in turnover.' For further information please contact: Delling Group Plc Aksel Bradvedt, Chief Executive 020 7010 8210 07766915245 Geir Lolleng, Chief Operating Officer 020 7010 8210 +46 708 556 727 Binns & Co PR Ltd Peter Binns 020 7153 1477 07768 392582 Hannah Sloane 020 7153 1480 07855 084713 This information is provided by RNS The company news service from the London Stock Exchange
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