Cookson To Acquire Dexter's PCB Materials Business

COOKSON GROUP PLC 22 October 1999 COOKSON TO ACQUIRE DEXTER'S PCB MATERIALS BUSINESS Cookson Group plc ('Cookson'), the international materials technology group, announces that it has reached agreement to acquire the printed circuit board ('PCB') materials business of the Dexter Corporation of the USA (NYSE: DEX) for a cash consideration of US$33 million (£19.8 million). The Dexter PCB materials business manufactures process chemicals, imaging products and solder primarily for fabricators of printed circuit boards in North America, Europe and Asia. For the twelve months ended 30 September 1999, the business had sales of US$39 million (£23.5 million). Closing is conditional upon receipt of regulatory approvals, which are expected to be granted by no later than the end of November. Stephen Howard, Cookson's Group Chief Executive, commented: 'The acquisition of Dexter's PCB product range will complement Cookson Electronics' current offering of speciality chemical products to its PCB fabrication customers. Together with its leading position in the supply of laminates, the acquisition will also enable Cookson Electronics to provide its PCB fabrication customers with a more complete product range, an enhanced service capability, and greater geographic reach.' For further information, please contact: Stephen Howard Dennis Millard Ray Sharpe Group Chief Group Finance Chief Executive Officer Executive Director Cookson Electronics Cookson Group plc Cookson Group plc Foxborough, MA 02035 London WC2N 6HJ London WC2N 6HJ Tel: 508 541 5600 Tel: 0207 766 4500 Tel: 0207 766 4500 Fax: 508 541 5877 Fax: 0207 747 6600 Fax: 0207 747 6600

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