Acquisition

Intertek Group PLC 22 October 2007 22 October 2007 Intertek acquires Ageus Solutions, an environmental compliance consultancy. Intertek Group plc (Intertek), the leading international provider of quality and safety services to a wide range of industries, announces the acquisition of Ageus Solutions, Inc. ('Ageus') in Canada. Intertek purchased Ageus from its employee shareholders for an initial cash consideration of C$1.75 million (GBP0.9 million). Further cash consideration payable in February and November 2008 is dependent on the financial performance in the next two financial years. Total consideration is expected to be in the range of C$5 to 7 million (GBP2.2 to 3.5 million). Ageus provides environmental compliance and hazardous materials consulting services for the North American electronics and manufacturing industry. With headquarters in Ottawa, Canada and with 28 employees, Ageus is a leader in global environmental regulations such as Waste Electrical and Electronic Equipment ('WEEE'), Restriction of Hazardous Substance ('RoHS'), Registration, Evaluation, Authorisation and Restriction of Chemicals ('REACH'), California Proposition 65, as well as other specific laws and regulations in the EU, US, China, Canada and Japan. The company also consults with customers around their own environmental specifications. Ageus will strengthen Intertek's capabilities in supporting manufacturing and retail clients in complying with the new REACH legislation in particular. Wolfhart Hauser, Chief Executive Officer of Intertek, commented: 'Environmental compliance is a rapidly growing market. It is driven by the concerns of consumers, retailers and manufacturers, as well as new regulations, to reduce the environmental impact of products. Ageus' strong North American reputation for expertise in major global environmental compliance protocols makes it an excellent strategic fit with our global laboratory network and customer base in the many industries in which Intertek operates'. -ends- Contacts Aston Swift / Sarah Ogilvie Intertek Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com / sarah.ogilvie@intertek.com Richard Mountain / Susanne Yule, Financial Dynamics Telephone: +44 (0) 20 7269 7121 richard.mountain@fd.com / susanne.yule@fd.com Notes to Editors ABOUT INTERTEK Intertek (LSE: ITRK) is the leading international provider of quality and safety services to a wide range of global and local industries. Partnership with Intertek brings increased value to customers' products and processes, ultimately supporting their success in the global market place. Intertek has the experience, expertise, resources and global reach to support its customers through its extensive network of laboratories and offices, with over 20,000 people in more than 100 countries around the world. This information is provided by RNS The company news service from the London Stock Exchange
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