Re Contract

Intertek Group PLC 04 January 2006 4 January 2006, 7am (UK) Intertek Group plc ('Intertek') Nigeria contract termination Intertek, the global testing, inspection and certification company, reports that it has yesterday received notification that the pre-shipment inspection (PSI) contract with the Government of Nigeria has been terminated with effect from 31 December 2005. There will be a three month run off period for all work in progress at 31 December 2005. This contract is operated by the Foreign Trade Standards division of Intertek (FTS) and accounted for approximately 2.7% of Intertek's 2005 full year revenues. The Nigeria PSI contract was a significant part of FTS' revenues and its loss will necessitate a reduction in costs. While it is too soon to determine exactly how the division will be restructured, it is estimated that a provision of up to £2 million will be required in the 2005 accounts. FTS signed a new Standards contract with the Government of Nigeria at the start of 2005 and whilst this contract is still developing it is expected that it could eventually replace up to a third of the revenues lost from the PSI contract. Intertek will announce preliminary results on 6 March 2006 at which point further information on the restructuring will be given. 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 intertekteam@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 certifies the management systems of customers. Intertek has over 300 laboratories and over 14,500 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
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