Acquisition

Empresaria Group PLC 17 March 2006 Empresaria Group plc Acquisition of Empresaria GIT Holdings Limited Empresaria Group plc ('Empresaria' or 'the Group') is pleased to announce that on 17th March 2006 it purchased 60% of the share capital of Empresaria GIT Holdings Limited ('GIT') for an initial consideration of £90,000 (3.8 million Czech Crowns). In addition Empresaria has made available a loan of £60,000 (2.5 million Czech Crowns) to fund expansion of the business. This transaction continues the expansion of Empresaria's international operations and represents its first move into Eastern Europe. It also extends the Group's representation into two new countries, the Czech Republic and Slovakia. GIT has offices in Prague in the Czech Republic and Bratislava in Slovakia and supplies staff principally in the IT market. In the year ended 31 December 2005, GIT's operations generated sales of £150,000. Commenting on the acquisition, Miles Hunt, Chief Executive of Empresaria said: 'We are delighted to be able to announce this continuation of our international expansion programme and our first step into the rapidly developing Eastern European markets.' For further enquiries please contact: Empresaria Group Plc 01293 649 900 Tony Martin (Chairman) Miles Hunt (Chief Executive) Nick Hall-Palmer (Finance Director) Bridgewell Securities Limited 020 7003 3000 James Wellesley Wesley Notes for editors: Empresaria Group plc is a diversified recruitment group built on a philosophy of management equity through organic growth, investment in start-up businesses and providing funding for management buy outs within the staffing sector. Empresaria was formed in 1996 by Miles Hunt and consists of 25 staffing companies. Its business model allows founder managers and key staff within Empresaria's subsidiaries to acquire or retain a meaningful stake in the businesses they run or work in. Empresaria currently provides specialist recruitment services across five sectors in the UK; namely: 1. Construction, Property Services & Engineering; 2. Supply Chain; 3. Public Sector; 4. Financial Services; and 5. Specialist Brands. In addition, Empresaria is actively expanding internationally and has already established operations in the US, China, Japan, Australia, Thailand and Indonesia. This information is provided by RNS The company news service from the London Stock Exchange
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