Acquisition of DUH

Synexus Clinical Research PLC 06 June 2006 Synexus Clinical Research PLC Acquisition of Diagnostic Units Hungary kft Acquisition allows Synexus to exploit growing opportunities in Central and Eastern Europe Synexus Clinical Research PLC ("Synexus" or "Company"), the clinical trials services group, today announces the acquisition of the entire issued share capital of Diagnostic Units Hungary kft ("DUH") for an initial consideration of €1.5 million plus a maximum deferred consideration of €1.25 million. This acquisition, the Company's second since joining AIM in November 2005, follows its stated strategy to build a multi-country operation, replicating their UK capability of recruiting large numbers of patients into later stage clinical trials for the pharmaceutical industry. Information on DUH DUH is a Site Management Organisation based in Budapest, Hungary providing clinical trial services, particularly the recruitment and subsequent management of patients onto later stage clinical trials for the pharmaceutical industry. In the twelve months to 31 December 2005, DUH reported unaudited turnover of £998,000 and profit after tax of £142,000. The value of the net assets acquired by the Company is £528,000. Benefits of the acquisition • DUH represents a further opportunity for the Company to exploit the growing opportunities for clinical trials and patient recruitment in emerging Central and Eastern European markets. • The acquisition of DUH, a well-established business operating in the same area of activity as Synexus, complements the organic growth of the Company. • The acquisition of DUH is expected to be earnings accretive for Synexus for the year to 31 March 2007. Details of the acquisition The maximum consideration of €2.75 million is satisfied as follows: • €1 million payable in cash on completion. • €0.5 million payable on completion by the issue of 362,976 new ordinary shares in Synexus at 95 pence per share. Application will be made as soon as practicable for these new ordinary shares to be admitted to trading on AIM. • €0.5 million deferred consideration payable in cash on the first anniversary of completion. • Up to a further €0.75 million payable in cash, dependent on the level of profit after tax of DUH for the year ending 31 March 2007. In order to earn the maximum level of consideration, DUH would have to achieve profit after tax of £258,620 in that year. Commenting on the acquisition, Michael Fort, Chief Executive of Synexus said: "I am very pleased to be able to report the completion of the purchase of DUH, which is a high quality clinic and the major recruiter of patients in Hungary. DUH is in a very exciting position both geographically and strategically and will dovetail well into the Company's European group, which has seen the purchase of SCM in Wroclaw, Poland and the opening of an office in Sofia, Bulgaria. The prospects from these centres alone are excellent as they enable the Company to offer a pan-European solution to our clients who have significant hubs and head offices in mainland Europe. Additionally, the centres have varying specialities in their domestic markets allowing us to widen the therapeutic areas offered to our clients. We will continue to look for similar types of acquisition opportunities over the coming months, with the active encouragement of our clients." Note An exchange rate of £1 : 385 HUF and £1 : 1.45 EUROS has been used in this announcement in relation to the financial information on DUH. Press enquiries Synexus Clinical Research plc Tel: +44 (0)1257 230723 Michael Redmond, Chairman Michael Fort, Chief Executive Biddicks - Financial Public Relations Tel: +44 (0)20 7448 1000 Zoe Biddick Brewin Dolphin Securities Tel: +44 (0)845 270 8600 Mark Brady/Sarah Kent This information is provided by RNS The company news service from the London Stock Exchange

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