Re: Closure of Subsidiary

Clarke(T.) PLC 20 September 2002 T. Clarke plc ANNOUNCEMENT RE: CLOSURE OF SUBSIDIARY The Board of T. Clarke Plc the electrical engineering and contracting company, announces that it is to close down the loss-making operations of its South Coast subsidiary Meggitt Marsh & Co. Ltd., based in Bournemouth. Meggitt Marsh was purchased from the Receivers in June 1998; despite significant financial investment in marketing and resources, there is no sign of a return to profitability in the foreseeable future. The business will be run down and operations will cease at the year end. Coverage of the South of England will be maintained from the Group's Kent and Bristol Offices. Full provision for contract losses and closure costs has been made, and these will not have an adverse effect upon current market expectations for the year. All of the Group's other subsidiaries are continuing to trade in line with our forecasts and, the newly acquired businesses are also performing well. -ends- Date: 20 September 2002 For further information, please contact: T. Clarke plc City Profile Group Pat Stanborough, Managing Director Ed Senior John Daly, Finance Director Simon Courtenay Tel: 020-7358-5000 Tel: 020-7448-3244 web: www.tclarke.co.uk e-mail: edward.senior@city-profile.com This information is provided by RNS The company news service from the London Stock Exchange

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