Acquisition

Travis Perkins PLC
29 January 2007

Travis Perkins PLC
29 January 2007

                               TRAVIS PERKINS PLC

   Travis Perkins acquires Passmore Drywall & Insulation Limited for GBP13.4m

Travis Perkins PLC ('Travis Perkins'), one of the UK's leading builders'
merchants, announces that it has acquired the entire issued share capital of
Passmore Drywall & Insulation Limited ('Passmores').

Passmores has a network of 5 branches selling drylining and insulation products
located in East London, Basildon, Cannock, Christchurch and West London. The
consideration for the purchase is GBP13.4 million based on enterprise value
subject to final agreement of the net asset value at completion. The whole of
the consideration is payable in cash from existing resources.

For the year ended 31 December 2005, Passmores' turnover was GBP19.6 million
with underlying operating profit of GBP1.0 million.

The acquisition of Passmores will increase the network coverage of Commercial
Ceiling Factors ('CCF'), Travis Perkins' specialist distribution business.
Following this acquisition, CCF will operate from 30 branches, increasing its
penetration of the South East of England. CCF supplies dry lining, insulation,
ceilings and partitions to specialist external customers and to Travis Perkins'
own general merchanting branches, and this acquisition is anticipated to give
rise to further synergy benefits.

During the calendar year 2006, Travis Perkins added 39 branches to its
merchanting network (30 brownfields and 9 bolt-on acquisitions) and 3 Wickes
stores, taking the total number of trading branches at the year end to 1,022. It
also converted 3 Wickes stores from its Standard to Extra format. Overall Wickes
gross selling space increased by 5% during the year.

Geoff Cooper, Chief Executive of Travis Perkins said:

'The acquisition of Passmores further enhances our offering to the specialist
distribution sector, and is consistent with our strategy of investing in
opportunities for growth and in our chosen areas of product specialisation. We
welcome the management and staff of Passmores into our group.'

                                    - ends -

Enquiries:

Geoff Cooper, Chief Executive
Travis Perkins PLC                             Tel: [phone]

Paul Hampden Smith, Finance Director
Travis Perkins PLC                             Tel: [phone]

David Bick/Mike Feltham
Holborn Public Relations                       Tel: [phone]



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