Acquisition

Robinson PLC 05 May 2006 FOR IMEDIATE RELEASE 5 May 2006 ROBINSON plc Acquisition Robinson plc ('Robinson' or 'the Company'; stock code: RBN), the AIM-listed custom manufacturer of paperboard and plastic packaging, announces the acquisition of the business of VR Plastics based at Stanton Hill ('VR Stanton Hill') in Nottinghamshire, for a cash consideration (subject to valuation of stocks, debtors and leases) of around £2.8m, which broadly equates to the book value of the assets. The assets include a freehold property at Stanton Hill valued at £1.4m. The acquisition will be financed by bank debt. VR Stanton Hill is a plastic injection moulding business that was established in 1996. The principal client is a major international branded goods company. VR Stanton Hill employs approximately 85 people at its premises near Sutton-in-Ashfield and was broadly break even in the year to 31 December 2005 on sales of £4.7 million. The acquisition is expected to be earnings enhancing in 2007. Commenting on the acquisition, Robinson's Chairman, Richard Clothier, said: 'This acquisition of VR Stanton Hill is a good strategic fit for Robinson. The business has developed a strong relationship with its major customer over many years and we expect to achieve valuable synergies through close co-operation with Robinson's existing injection moulding businesses in Kirkby-in Ashfield, just a few miles away.' Steve Wakelin, business unit director of VR Stanton Hill, added: 'The VR Stanton Hill team is delighted to join Robinson. Being part of a larger group brings significant commercial benefits, as well as financial security, which will enable development of the business.' The above numbers are unaudited and relate to a business rather than a company. - Ends - Notes to Editors About Robinson plc Based in Chesterfield, and with additional manufacturing facilities in Kirkby-in-Ashfield, Nottinghamshire, in Toronto, Canada, and in Lodz, Poland, Robinson currently employs over 400 people. It was formerly a family business, with its origins dating back some 165 years. Today the Company's main activities are in the manufacture and sale of rigid paper packaging and injection moulded plastic packaging. Robinson operates primarily within the food, drink, confectionery, cosmetic and toiletry sectors, providing niche or custom manufacture to major players in the fast moving consumer goods market, such as Nestle, Northern Foods, Lever Faberge and Cadbury. The Company also has a substantial property portfolio with significant development potential. For further information, please contact: Jon Marx, Chief Executive, Robinson plc 01246 220022 www.r1son.co.uk Susan Scott/Daniela Hale, Bankside Consultants 020 7367 8888 This information is provided by RNS The company news service from the London Stock Exchange

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Robinson (RBN)
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