Acquisition

Intertek Group PLC 12 February 2008 Stock Exchange Release 12 February 2008, 7am London, UK Intertek acquires Bioclin, an Irish pharmaceutical testing laboratory. Intertek Group plc (Intertek), the leading international provider of quality and safety services to a wide range of industries, announces the acquisition of Bioclin Research Laboratories Ltd (Bioclin), a pharmaceutical testing laboratory in Ireland. Intertek purchased Bioclin from its shareholders Mary Burke, Brian McKenna and Enterprise Ireland for an initial cash consideration of EUR 3.2 million (GBP 2.4 million). A further payment of up to EUR 1.0 million (GBP 0.7 million) is payable in April 2009, dependent on Bioclin's 2008 financial performance. Bioclin provides product quality testing and bio-analytical services to pharmaceutical, medical device and biotechnology companies locally and internationally. The laboratory holds Good Laboratory Practice ('GLP') and Good Manufacturing Practice ('cGMP') certifications. Ireland is a key European centre for pharmaceutical manufacturing, and increasingly R&D, with many of the world's top-selling drugs being produced there. Bioclin joins Intertek's existing specialist pharmaceutical labs in the UK, US, India, and Australia, further extending Intertek's global support to pharmaceutical R&D and manufacturing in key regions. Located in Athlone, central Ireland, Bioclin has 20 employees and will form part of Intertek's Analytical Services division1. Wolfhart Hauser, Chief Executive Officer of Intertek, commented: 'Bioclin is a great complement to Intertek's growing global pharmaceutical analytical services business and increases our worldwide support network to customers in the sector. We also further strengthen our position to capture the growth opportunities that lie within the trend for increased outsourcing of R&D support and analytical services in pharmaceutical development'. -ends- Contacts Aston Swift / Sarah Ogilvie Intertek Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com / sarah.ogilvie@intertek.com Richard Mountain / Sophie Kernon, Financial Dynamics Telephone: +44 (0) 20 7269 7121 richard.mountain@fd.com / sophie.kernon@fd.com Notes to Editors 1. From 1 January 2008, Intertek's Analytical Services, previously part of the Group's Oil Chemical & Agri division, became a standalone division. For further details of this and the surrounding divisional re-organisation, refer to Intertek's stock exchange announcement of 11 December 2007. ABOUT INTERTEK Intertek (LSE: ITRK) is the leading international provider of quality and safety services to a wide range of global and local industries. Partnership with Intertek brings increased value to customers' products and processes, ultimately supporting their success in the global market place. Intertek has the experience, expertise, resources and global reach to support its customers through its extensive network of laboratories and offices, with over 20,000 people in more than 100 countries around the world. This information is provided by RNS The company news service from the London Stock Exchange
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