Pre-close update

Sondex PLC 10 October 2005 Sondex plc ("Sondex" or the "Company") Russian contract and pre-close update Russian contract Sondex is pleased to announce that it has won an important contract in its wireline division from a major Russian gas producer. The order, valued at around $2.5 million, is the first significant order for wireline products from the region. The equipment will be used to inspect the condition of older wells such that remedial actions can take place to increase production. This contract builds on the presence and growing reputation of Geolink in the region. Geolink was acquired by Sondex to form the core of its drilling division in June 2004. Pre-close update and reporting dates Sondex will be re-presenting its financial results for the year ended February 2005 under International Financial Reporting Standards in a transitional statement announcement planned for 23rd November. The interim results for the 6 months ended August 2005 will be announced on 14th December. These results are expected to show organic like-for-like revenue growth in Sondex wireline division in excess of 50%, with Geolink also making a significant contribution to the Company, particularly from strong sales in Latin America. Total revenues are expected to be nearly double the comparable period last year. The Company's order book remains at an all time high. Investment in the supply chain is being made in a timely manner in order to increase capacity to fulfil the current demand. In the short term this investment will put some pressure on margins and working capital. Sondex is confident of achieving full year earnings in line with market expectations. The Board also continues to review opportunities to accelerate earnings growth through selective acquisitions. Sondex will be meeting with analysts during the week commencing 10th October to discuss the contents of this release, but no further material new information will be given. Martin Perry, Chief Executive of Sondex commented: "We are delighted to have won this Russian contract. Russia has exciting potential for Sondex, and both our divisions are now building a presence and reputation. The Company has continued to perform well and we are continuing to invest in order that we may take full advantage of the on-going positive market conditions. We are confident of achieving growth of our full year earnings in line with expectations." 10 October 2005 ENQUIRIES: Sondex Tel: 0118 932 6755 Martin Perry (Chief Executive) Chris Wilks (Finance Director) College Hill Tel: 020 7457 2020 Nick Elwes Ben Brewerton This information is provided by RNS The company news service from the London Stock Exchange
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