Acquisition

Centrica PLC
5 June 2002



5 June 2002

Centrica acquires tyre business for the AA

Centrica plc, which owns the Automobile Association, announced today that it has
acquired the business operations and some fixed assets of Tyreserve, for a total
consideration of £400,000 in cash.

Tyreserve provides replacement tyres and processes transactions for car and
truck fleet operators via access to a national network of 2,980 outlets. This
consists of 630 independent fast-fit centres, 1,850 franchised dealers and 500
mobile units.

Roger Wood, AA Managing Director, said: 'Tyreserve gives the AA a key foothold
in the tyre market. In conjunction with our new Service Centres, we can more
effectively service the fleet industry and offer motorists a better choice of
tyres.'



Enquiries:

Centrica Investor Relations:            01753 494900

Centrica Media Relations:               01753 494085

AA Press Office:                        01256 492927



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