Acquisition

TT electronics PLC
11 March 2004


                               TT electronics plc

              TT electronics Acquires Innovative Sensor Technology

TT electronics plc, the global electronics manufacturer, announces that, through
its acquisition of Sensopad Technologies Ltd. ('Sensopad'), it has purchased the
rights within the automotive market to exploit an innovative inductive sensor
technology. This acquisition expands the group's sensor capabilities and will
provide TT electronics with the technology for the next generation of sensors.
The application of this new technology, coupled with the group's existing
products and the continuing increase in demand for electronics in the automotive
industry will generate growth for TT electronics.

Sensopad is based in Cambridge, UK and was established by The Generics Group AG
in 2001 to develop its patented, non-contact position sensing and identification
technology. Sensors using Sensopad technology can be produced at low cost and
are effective in an extensive range of applications within the automotive
market. Highly reliable and durable, they are suitable for use as position
sensors for braking, suspension, steering, transmission, exhaust gas
recirculation as well as other applications.

TT electronics has acquired the entire issued share capital of Sensopad for a
cash consideration of £1.4 million, together with the payment of future
royalties.

Commenting on the acquisition, Executive Chairman John Newman said,

'This is an important development for TT electronics. Sensopad provides an
exciting technological innovation which offers a number of advantages. We have
made the acquisition to ensure that TT electronics continues to deliver the most
functional and cost effective products to its global automotive customer base.
TT electronics believes that inductive sensors have advantages over existing
technologies due to their lower cost and other operational benefits.
Establishing a commanding position in this superior technology will help to
bring TT electronics significant competitive advantage and underpin the future
growth of our sensor businesses'

Enquiries:

TT electronics plc
John W Newman, Executive Chairman              Tel: [phone]

Biddicks
Zoe Biddick                                    Tel: [phone]




NOTES TO EDITORS

Sensopad has developed a range of inductive non-contact sensing technologies, 
primarily aimed at displacement measurement. Of the technology developed, 
Sensopad's greatest commercial potential is its 'passive' position sensing. This 
is where a small, low cost target or 'puck' is embedded into an object so that 
its position and identity can be measured by a nearby printed circuit board.

The technology can be used in the wide variety of control systems where position
measurement is required. Sensopad also possesses the specialist electro-magnetic
and electronics know-how necessary to design and build the sensors. An
additional advantage of the technology is that it offers a great deal of freedom
for product engineers, enabling them to bypass traditional electrical and
mechanical engineering design constraints such as environmental seals or tight
manufacturing tolerances, to fulfil product requirements.

To support its technology, Sensopad has developed a computer-aided system for
the design and simulation of the sensors, so that they can be virtually built
and tested before any hardware is made. Lead times can be substantially reduced,
the only constraint being the mechanical design requirements of the various
applications.




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