Acquisition

Fisher (James) & Sons PLC
27 July 2007







For release 0700 Friday 27 July 2007



                             James Fisher Acquires

                         NDT INSPECTION AND TESTING LTD



James Fisher and Sons plc ('James Fisher' or FSJ.L), the leading marine service
company, announces the acquisition of the privately owned UK based Inspection
Holdings Limited, whose main operating subsidiary is NDT Inspection and Testing
Ltd (NDT), for a maximum cash consideration of approximately £2.1m.  The
acquisition is being funded from existing resources.



NDT provides non destructive testing services to a wide range of clients in
industries including aerospace and nuclear. The company employs more than 50
permanent staff across its three sites in Queensferry, Worcester and
Sittingbourne, which are strategically located to provide UK nationwide
coverage.



The NDT business will become part of James Fisher's Specialist Technical
Division which will leverage NDT's solid capabilities to develop enhanced
inspection services using modern digital radiography.



NDT's turnover for the year to 31 December 2006 was £2.6m. Initial consideration
is £1,200,000 with an additional amount of up to £800,000 payable if operating
profit before depreciation reaches £397,000 in the year to 31 December 2007.
James Fisher also undertook to redeem a loan note of £137,018 outstanding at
completion.



Tim Harris, Chairman of James Fisher, said:



'NDT will assist the expansion of James Fisher Inspection and Measurement
Services. It complements our existing products and services and enjoys a strong
position in a specialist niche market.'



Paul Read, the Managing Director of JFIMS, said:



'Acquiring NDT represents the latest step in building JFIMS into a major
provider of inspection and measurement services.  The acquisition complements
our business and strengthens our market presence.  I look forward to working
with the NDT team to develop the business further and focussing on delivering
high value services to our customers.'



EC Hambro Rabben & Partners Ltd acted as corporate finance advisors to James
Fisher.



For further information, please contact:


James Fisher and Sons plc             Tim Harris           Chairman                 020 7614 9508
www.james-fisher.co.uk


James Fisher IMS                      Paul Read            Managing Director        0161 227 8843
www.jfims.co.uk


EC Hambro Rabben & Partners           Peter Donald                                  020 7355 4100
www.echambrorabben.co.uk              Petter Hagland


Financial Dynamics                    Richard Mountain                              020 7269 7121








Notes to Editors:





James Fisher Inspection and Measurement Services (JFIMS), a subsidiary of James
Fisher and Sons, provides inspection and measurement capabilities for the
nuclear, defence, homeland security, aerospace, offshore and other industries.
The core business activity is the use or measurement of radiation to inspect or
characterise. In partnership with international market leaders the company
offers a range of products and services addressing radiation measurement,
radiological protection, non destructive testing and non destructive examination
requirements.



JFIMS have highly experienced personnel with knowledge of a wide portfolio of
inspection and measurement hardware including X-ray generators and inspection
systems. The company supplies both portable and installed radiation protection
instrumentation for the protection of personnel, the workplace and environment
and Chemical Biological Radiological Nuclear (CBRN) detection equipment.
Operating from bases located in the north and south of the UK, JFIMS has the
capability to deliver comprehensive service and support to ensure the maximum
value is obtained from systems.  JFIMS staff can support products throughout
their lifecycle, from installation and commissioning, warranty support,
calibration, planned and breakdown maintenance, spares provision and integrated
logistical support.




                      This information is provided by RNS
            The company news service from the London Stock Exchange