Acquisition

Clarke(T.) PLC 03 July 2003 T. Clarke plc T. CLARKE ACQUISITION The Board of T. Clarke plc ('T. Clarke'), the electrical engineering and contracting company today announces the acquisition of two privately owned businesses in Cambridgeshire for a cash consideration of up to £3.4 million dependent on the value of net assets at completion. The two businesses are AG Aylward Electrical & Mechanical Limited and AG Aylward EMS (Maintenance and Minor Works) Limited. Both are electrical and mechanical engineering contractors based in Kimbolton, Cambridgeshire. Together, they employ 75 staff and for the year ended 30 September 2002, they reported a turnover of £6.036 million, profits before tax of £446,000 and net assets of £1.081 million. The two firms have a strong regional presence, working for a wide range of public and private sector customers throughout East Anglia. Customers include many of the local authorities, education authorities and housing associations. Following the statement made at the recent Annual General Meeting, T. Clarke anticipates that the group outcome for the full year will at least be in line with expectations. Pat Stanborough, Chief Executive commented, ' Our strategy is to grow the scale of the group organically and by acquiring high quality regional businesses that have a good geographical & business fit with our existing operations. We have had a successful track record of identifying suitable acquisition opportunities that have strengthened both our geographical presence and the diversity of our workload. We are confident that this business will fit well with our existing operations and will benefit enormously from being part of the larger T.Clarke Group.' -ends- Date: 3 July 2003 For further information contact: T. Clarke plc City Profile Group Pat Stanborough, Chief Executive Simon Courtenay John Daly, Finance Director Tel: 020-7448-3244 Tel: 020-7358-5000 Web: www.tclarke.co.uk Arbuthnot Securities Richard Dunn Tel: 020-7002-4633 This information is provided by RNS The company news service from the London Stock Exchange

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