Acquisition

Clarkson PLC 17 May 2007 17 May 2007 CLARKSON PLC ('Clarksons') Acquisition of Cofimar SAS Clarkson PLC announces that it has acquired the remaining 51% interest, that it does not currently own, in the dry cargo broker Cofimar SAS for a total consideration of US$2.5 million. The total consideration will be satisfied by the issue of shares and as a result, application has been made to the UK Listing Authority and to the London Stock Exchange for admission to the Official List for a listing of 129,107 Ordinary Share of £0.25 each. These shares, ranking pari passu in all respects with the existing shares in issue, will be allotted to Messrs Richou and Poux. It is expected that admission of the Ordinary shares will become effective on 22 May 2007. Richard Fulford-Smith, Chief Executive of Clarksons PLC commented 'Given our complimentary client bases, we believe that buying out our partners' shareholding will bring additional benefits to our clients, through the global consolidation in handling their various business lines.' For further information, please contact: Hudson Sandler Telephone: 020 7796 4133 Jessica Rouleau This information is provided by RNS The company news service from the London Stock Exchange

Companies

Clarkson (CKN)
UK 100

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