Kingfisher PLC
22 March 2000
ANNOUNCEMENT BY THINKNATURAL.COM
Kingfisher plc draws attention to the attached announcement by
ThinkNatural.com in the UK on 22 March 2000.
ThinkNatural is Europe's first online retailer of natural health products.
Kingfisher plc is to make a cash investment of £3 million for a minority
stake.
For further information
Kingfisher plc + 44 (0) 7724 7749
www.kingfisher.co.uk
ThinkNatural.com + 44 (0) 20 7224 4554
Press office www.thinknatural.com
Media enquiries
Gwen Gober
Director of Corporate Affairs + 44 (0) 20 7724 7749
Broker and Institutional enquiries
Keith Williams
Director of Investor Relations + 44 (0) 20 7725 5776
22 March 2000
ThinkNatural Moves Into The Major League With Kingfisher plc
Investment from Kingfisher plc and an alliance with Superdrug cement
ThinkNatural's 'clicks and mortar' strategy.
22nd March 2000 - ThinkNatural, Europe's leading online retailer of natural
health products, today announced that Kingfisher plc is to invest £3 million
for a minority stake as part of its latest round of equity funding.
Kingfisher plc owns Superdrug, Woolworths, B&Q and Comet in the UK, Darty and
Castorama in France, and has retail operations in 15 countries. Kingfisher
also owns a 38% stake in LibertySurf, the leading free Internet service
provider in France.
As part of the deal, ThinkNatural will gain high street promotion through
Superdrug's 704 UK stores, and access to the supply chain and buying power of
the health and beauty giant.
'The link with Superdrug fits perfectly with our strategy of moving the
business beyond being a pure dotcom.' said Carol Dukes, CEO and co-founder of
ThinkNatural. 'We had already started down this route with a mail order
catalogue due to launch next month. Superdrug's high street distribution of
the ThinkNatural catalogue and our own label products will propel ThinkNatural
from its market leading position on the Internet to being a major player in
the natural healthcare sector both online and offline.'
ThinkNatural.com was launched last year by Carol Dukes and Emma Crowe with
venture capital backing led by Amadeus Capital Partners. It is Europe's first
online retailer of natural health products, offering thousands of product
lines and a huge information resource covering vitamins, minerals, herbal
supplements, homeopathy and aromatherapy.
For more information, contact:
Andy Brown/ Liz Ryan Gwen Gober - Director of Corporate Affairs
Flapjack Communications Kingfisher Plc
T : 020 7224 4554 T: 020 7724 7749
Thinknatural@flapjack.com www.kingfisher.co.uk
Repro-ready photography is available for download at www.reproready.com
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