Acquisition

Wolseley PLC
11 September 2007


                                  NEWS RELEASE
                                11 September 2007


                                  Wolseley plc
                              Acquisitions Update
                     £87 million spent on five acquisitions
              including Ferguson's first entry into New York City


Wolseley plc, the world's largest specialist trade distributor of plumbing and
heating products to professional contractors and a leading supplier of building
materials, announced today five bolt on acquisitions for an aggregate
consideration of £87 million. In a full year, these bolt-on acquisitions are
expected to add approximately £110 million to total revenue. Goodwill and
intangible assets related to these acquisitions is estimated to be around £52
million.

Details of the latest acquisitions are as follows:

North America

On 6 August 2007, Stock Building Supply ('Stock') acquired certain assets of
ProSource Building Supply, Ltd ('ProSource') from Cary Miles and Tracy Manes.
ProSource is a construction services business supplying primarily commercial
doors, trim, hardwood, related speciality products and installation services
operating from two facilities in Houston, Texas. In the year ended 31 December
2006, ProSource had revenue of $17.2 million (£8.5 million) and gross assets of
$3.2 million (£1.6 million) at that date. This acquisition is in line with
Stock's strategy to expand its presence in the commercial and industrial market.

On 13 August 2007, Ferguson acquired Western Air Systems & Controls, Inc.
('Western Air') from Glenn Woodward. Western Air is the exclusive Trane HVAC
distributor for the states of California (excluding the San Francisco Bay area)
and Nevada, operating from two facilities in California and one in Nevada. In
the year ended 31 December 2006, Western Air had revenue of $59.6 million (£29.6
million) and gross assets of $13.5 million (£6.7 million) at that date.

On 27 August 2007, Ferguson acquired Davidson Pipe Company, Inc. ('Davidson')
from the Davidson and Krueger families and trustees. Davidson is a pipes, valves
and fittings (PVF) distributor supplying the New York metropolitan market. In
the year ended 30 September 2006, Davidson had revenue of $125.8 million (£62.6
million) and gross assets of $49.8 million (£24.8 million) at that date.

Europe

On 24 August 2007, Wolseley UK acquired T&R Electrical Wholesalers Ltd ('T&R')
from the Bissix family. T&R is an electrical wholesaler, serving public and
electrical contractors in the residential, commercial and industrial sectors,
operating from four sites in West London. T&R will give Wolseley UK's existing
electrical distribution brand, Electric Center, additional coverage in an area
where it is currently under represented. In the year ended 30 June 2007, T&R had
revenue of £9.5 million and gross assets of £1.6 million at that date.

On 16 August 2007, DT Group acquired Proaktiv Bygglogistik i Stockholm AB
('PBS') from Michael Palmlof AB, Mikael Brohall, Pia Svensson, Fredrik
Palmlof, Jan Birkebo and Christer Gustavsson. PBS is a newly formed building
materials company, established by experienced industry professionals, based
southwest of Stockholm.

The divisional split of the total acquisition spend to date for the year ending
31 July 2008 is:

Division                             No. of Acquisitions            Spend
                                                                  £ Million

Europe                                       2                        £9m
North America                                3                       £78m
TOTAL ACQUISITION SPEND                      5                       £87m

Chip Hornsby, Group Chief Executive of Wolseley said:

'I am delighted that we have finally been able to enter the New York City
industrial and commercial market and complete four further acquisitions towards
our target for bolt-ons of £450 million for the year to 31 July 2008. They are
excellent businesses that broaden our product and geographic coverage and
support our strategy of growing the business through acquisition and organic
growth.'

ENQUIRIES:

Guy Stainer                                           [phone]
Group Investor Relations Director                     [phone]

John English                                          [phone]
Vice President, Investor Relations, North America     [phone]

Brunswick                                             [phone]
Andrew Fenwick
Sophie Brand




Exchange Rates

The following exchange rate has been used for the acquisitions noted above:
£1 = $2.01, £1 = SEK13.85



Certain statements included in this announcement may be forward-looking and may
involve risks, assumptions and uncertainties that could cause actual results to
differ materially from those expressed or implied by the forward looking
statements. Forward-looking statements include, without limitation, projections
relating to results of operations and financial conditions and the Company's
plans and objectives for future operations including, without limitation,
discussions of the Company's business and financial plans, expected future
revenues and expenditures, investments and disposals, risks associated with
changes in economic conditions, the strength of the plumbing and heating and
building materials market in North America and Europe, fluctuations in product
prices and changes in exchange and interest rates. All forward-looking
statements in this respect are based upon information known to the Company on
the date of this announcement. The Company undertakes no obligation to publicly
update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise. It is not reasonably possible to
itemise all of the many factors and events that could cause the Company's
forward-looking statements to be incorrect or that could otherwise have a
material adverse effect on the future operations or results of the Company.


Notes to Editors

Wolseley plc is the world's largest specialist trade distributor of plumbing and
heating products to professional contractors and a leading supplier of building
materials in North America, the UK and Continental Europe. Group revenue for the
year ended 31 July 2006 was approximately £14.2 billion and operating profit,
before amortisation of acquired intangibles, was £882 million. Wolseley has
around 78,000 employees operating in 28 countries namely: UK, USA, France,
Canada, Ireland, Italy, The Netherlands, Switzerland, Austria, Czech Republic,
Hungary, Belgium, Luxembourg, Denmark, Sweden, Finland, Norway, Slovak Republic,
Poland, Romania, Croatia, San Marino, Panama, Puerto Rico, Trinidad & Tobago,
Mexico, Barbados and Greenland. Wolseley is listed on the London and New York
Stock Exchanges (LSE: WOS, NYSE: WOS) and is in the FTSE 100 index of listed
companies.

                                   -- ENDS --




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