Acquisition

EPIC Reconstruction PLC 14 March 2006 14th March 2006 EPIC RECONSTRUCTION PLC INVESTMENT IN GGS HOLDINGS LIMITED EPIC Reconstruction Plc ('ER') is pleased to announce that it has reached agreement on an investment of up to £5.0 million in cash in GGS Holdings Limited ('GGS'), a construction, maintenance and property development group. In the financial year ended 31st December 2004, GGS made an operating profit of £0.945 million on turnover of £120 million; its net assets at 31st December 2004 were £8.42 million. The previous owner of GGS was looking to exit involvement in the full time management of the business and ER has agreed to support a new management team to work with the previous owner to implement an operational and financial restructuring of the group. Enquiries: EPIC Specialist Investments - Giles Brand - 020 7553 2341 This information is provided by RNS The company news service from the London Stock Exchange
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