Acquisition

Travis Perkins PLC 03 April 2008 3 April 2008 TRAVIS PERKINS PLC Travis Perkins acquires Tile It All (UK) Limited Travis Perkins plc ('Travis Perkins'), a leading builders' merchant and home improvement retailer, announces that it has acquired the entire issued share capital of Tile It All (UK) Ltd ('Tile It All') from Stephen and Shirley Bell. Tile It All is a successful retailer of tiles and accessories which trades from 16 outlets predominantly in the North East of England and Scotland. Underlying EBITDA for the year ended 30 April 2007 amounted to £1.3m. Gross assets at 30 April 2007 were £3.2m. Tile It All complements our existing portfolio of recently acquired tile businesses, Tile Giant and Tile Magic. The acquisition represents an excellent geographic fit and significantly increases our move towards full national coverage. Together, our tile businesses now operate from 67 stores across the country. Geoff Cooper, Chief Executive of Travis Perkins said: 'Under the entrepreneurial leadership of Managing Director, Mo Iqbal, our tile businesses are set to become a major force in this attractive and growing market. The acquisition of Tile It All provides excellent growth in our business and branch network and is consistent with our strategy of investing in specific adjacent market segments.' - ends - Enquiries: Geoff Cooper, Chief Executive Travis Perkins PLC +44 (0)1604 683 222 Mark Longson/David Bick Square1 Consulting Limited +44 (0)20 7929 5599 This information is provided by RNS The company news service from the London Stock Exchange
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