Acquisition

Intertek Group PLC 01 October 2003 Intertek Group plc ('Intertek') Intertek acquires Fastech International Ltd Intertek, the global testing, inspection and certification company, announces the acquisition of 100% of the issued share capital of Fastech International Ltd (Fastech) for £5.1m net of cash. The consideration is being satisfied by £5.0m in cash and the issue of 28,131 Ordinary Shares of 1p each in Intertek with a value of £142,500. Accordingly, application has been made to the UK Listing Authority for these shares to be admitted to the Official List and to the London Stock Exchange for these shares to be admitted to trading. Dealings in the new shares are eligible to commence on 2nd October 2003. Fastech is a leading UK textile testing business based in Manchester. Turnover for 2002 was £2.1m and profit before tax was £0.7m. Fastech will come under the management of the Labtest division of Intertek, making Labtest the market leader in UK textile testing. This acquisition will create opportunities to provide textile testing in Asia and the rest of the world for Fastech's UK customers. Fastech is owned by Karen Goodhew and Stephen Eckersley. Stephen will retire and Karen will continue to manage the business. For further information please contact Aston Swift, Treasurer and Investor Relations Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com Tim Lynch, Tulchan Communications Telephone: +44 (0) 20 7353 4200 tlynch@tulchangroup.com Corporate website: www.intertek.com High resolution images of Intertek Group plc businesses are available to download, free of charge from www.vismedia.co.uk. About Intertek: Intertek is a leading international testing, inspection and certification organisation which assesses customers' products and commodities against a wide range of safety, regulatory, quality and performance standards and in some cases, certifies the management systems of customers. Intertek has over 250 laboratories with more than 10,000 people around the world and is increasingly undertaking outsourced testing work for its customers. This information is provided by RNS The company news service from the London Stock Exchange
UK 100