Completion of acquisition

Renold PLC
18 June 2007


Renold plc
('Renold' or the 'Group')


Completion of HangZhou ShanShui acquisition



Following the announcement on 21 May 2007 of the agreement to acquire a 90%
interest in the business of HangZhou ShanShui ('HZSS') in China, Renold is
pleased to announce that the purchase has now been completed.

Bob Davies, Chief Executive of Renold, commented:

'We are pleased to confirm the completion of this important strategic
acquisition. The purchase of this substantial Chinese manufacturing facility
will underpin the execution of our 'PACE' restructuring and will boost margins
to a run rate greater than 10% by 2008/9.'

'HZSS has the strongest technology of all the potential acquisition targets we
looked at.  It also provides a major growth opportunity in the domestic Chinese
market and into other parts of South East Asia.'



                                                                    18 June 2007

Enquiries:

Renold plc                                               0161 498 4517
Bob Davies, Chief Executive
Peter Bream, Finance Director

College Hill                                             020 7457 2020
Matthew Gregorowski
Nicholas Potter



NOTE FOR EDITORS:

Renold is a leader in the manufacture of industrial chains and also manufactures
a range of gears and couplings which are sold throughout the world to a broad
range of original equipment manufacturers and distributors. Its products are
used in a wide variety of industries including manufacturing, transportation,
energy, steel, and mining. Renold has a well deserved reputation for quality
that is recognised worldwide.

The Group has 13 manufacturing plants throughout the world and employs 2500
staff. It is currently expanding its geographical footprint by increasing its
manufacturing presence in 'low cost countries'.

Further information about Renold can be found on the website www.renold.com




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