Acquisition

Babcock International Group PLC 05 August 2002 Date: 5 August 2002 Contact: Peter Rogers, Chief Operating Officer Babcock International Group PLC Telephone: 020 7291 5048 Rupert Steveney Citigate Dewe Rogerson Telephone: 020 7282 2843 Babcock International Group PLC Acquisition of MEF Babcock International Group PLC ('Babcock') announces that it has acquired MEF, the marine services business based in Southampton, for £1.8m, payable in cash. MEF's principal customer is the Royal Fleet Auxiliary. Commenting, Peter Rogers, Chief Operating Officer of Babcock, said 'The acquisition of MEF will allow us to extend still further the range of technical support services that we can offer the Ministry of Defence and other customers'. - ENDS - Notes to editors: About Babcock International Group PLC Babcock International Group PLC is a support services business providing technical services, training and facilities management to the defence and civil sectors. In the year to 31 March 2002 sales from continuing business were £358.9 million. The Group operates in two principal sectors: Technical Services (engineering and support services in defence, rail, marine and secure facilities sectors) and Training & Support (support services, training and facilities management for the defence and civil sectors). Babcock's head office is in London and the Company's shares are quoted on the London Stock Exchange. For further information, please visit Babcock's website at www.babcock.co.uk. This information is provided by RNS The company news service from the London Stock Exchange
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