Acquisition

13 February 2006

                                           Mavinwood plc

                        Acquisition of Wansdyke Security Limited for £11.2m

Mavinwood  Plc  ("Mavinwood"), the AIM listed support services company, has  today  announced  the
acquisition of Wansdyke Security Limited ("Wansdyke"), a privately owned security storage company.
The  consideration of £11.2 million has been funded by an £11million facility provided  by  Allied
Irish  Banks p.l.c. with the balance from existing resources. Following this acquisition  the  net
debt of Mavinwood will be around £16million.

Wansdyke  is  a specialised off-site storage and management company and owns 1 million  sq  ft  of
highly secure underground storage facilities outside Bath. The sites, which have been created from
natural  stone mines, are 100ft underground and 130ft above the natural water table.  It  provides
storage facilities for a range of clients including insurance companies, health services and media
companies for live and archive files, medical records, x-ray materials, film and microfilm.

In the 12 months ending 30 September 2005, Wansdyke reported a pre-tax profit of £1.16million on a
turnover of £3.95million and at 30 September 2005 had net assets of £2.25million.

Commenting  on  the  acquisition, Mavinwood Chief Executive Kevin Mahoney said:  "Wansdyke  is  an
excellent fit with our existing document storage business, ReStore, which we acquired in May 2005.
It  doubles  our  turnover in document storage and makes us a significant player in  this  market.
There  is  very little customer crossover. In addition, Wansdyke provides considerable  additional
storage capacity which can be utilised by both businesses.

The  document  storage market has been estimated at £328million in 2004* and  growing  at  7%  per
annum*. With the acquisition of Wansdyke we are well positioned to grow our share of this market."

Mavinwood also confirm that their trading results for the year ending 31 December 2005 are in line
with expectations and it will announce preliminary results on 14 March 2006.

*source: Centre for Economics and Business Research

Contact:

Mavinwood plc                                     
Kevin Mahoney                                                                        020 7661 9650
Mike Vincent                                                                         020 7661 9651

Threadneedle Communications                                                                       
John Coles                                                                           020 7936 9604

Notes to editors:

Mavinwood  Plc  was  launched on AIM in November 2004 and is pursuing a Buy &  Build  strategy  in
Support  Services. On 10 May, it completed the acquisition of ReStore for an initial consideration
of  £6million.  On  30  June,  it completed the acquisition of Ansa  (a  drains  insurance  claims
management and fulfilment business) for a consideration of £25million.

Mavinwood plc