Acquisition

Judges Capital PLC
22 February 2006





FURTHER EXPANSION OF JUDGES CAPITAL

 VIA ACQUISITION OF UHV DESIGN



                                                                22 FEBRUARY 2006



Judges Capital plc ('Judges'), a holding group for companies that specialise in
the design and manufacture of scientific instruments, announces that it has
today completed the acquisition of 100% of the shares in UHV Design Limited ('
UHV').





UHV, based in Laughton, East Sussex, designs and manufactures instruments used
to manipulate objects in Ultra High Vacuum chambers (where the pressure is
several trillion times less than the atmosphere). The business of UHV was
founded in 1993 by Paul and Lynne Stonestreet, each of whom owned 50% of the
equity. UHV's unaudited accounts for the year ended 31 March 2005 show sales of
£954,000, pre-tax profits of £296,000 and net tangible assets of £120,000.



The initial consideration paid for UHV by Judges, which also owns Fire Testing
Technology and a controlling shareholding in PE fiberoptics, was £650,000 in
cash plus 98,522 ordinary shares in Judges. An additional payment will be made
to reflect the working capital available at completion in excess of the
twelve-month average. A maximum earn-out of £86,000 will be payable to the
vendors based on UHV achieving certain EBIT targets for the years ending 31
March 2006 and 31 March 2007. The initial cash consideration was financed by an
extension of Judges' senior loan from Bank of Scotland.



Paul Stonestreet will remain Managing Director of UHV for up to one year and
will subsequently become Chief Technology Officer for up to two years from
completion.



Alex Hambro, Chairman of Judges, commented: 'I am delighted that we have
completed our third acquisition in the scientific instrument sector within nine
months of the Company's strategic entrance into this specialist area. UHV is an
excellent company and we are confident that this acquisition will serve to
significantly enhance earnings with immediate effect.'







For further information please contact:



David Cicurel, Chief Executive, Judges Capital:              Tel: [phone]

Alex Borrelli, Shore Capital & Corporate:                    Tel: [phone]

Melvyn Marckus, Cardew Group:                                Tel: [phone]




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