Acquisition

McBride PLC 03 April 2006 3 April 2006 McBride plc ___________ UK HOUSEHOLD PRODUCTS ACQUISITION McBride plc, ('McBride') Europe's leading supplier of household and personal care Private Label products, is pleased to announce that it has acquired the household liquids business and assets of Sanmex International Limited ('Sanmex '), a UK based private label supplier, for a consideration of £6.5 million plus a further £1.0 million for inventory, payable in cash on completion. In Sanmex's last financial year the turnover relating to the business and assets being acquired was £10 million. The acquisition is anticipated to be neutral in the current financial year ending 30 June 2006, and is expected to be earnings enhancing thereafter *. Commenting on the acquisition, McBride's Chief Executive Miles Roberts said 'I am delighted with the acquisition of Sanmex's liquids business which has continued to grow in the current financial year. It will provide improved service to our customers and enable us to further enhance our asset utilisation and competitiveness'. For further information please contact McBride plc Miles Roberts, Chief Executive 01494 607050 Financial Dynamics Andrew Dowler / Charles Watenphul 02078313113 Note * Although this statement should not be interpreted to mean that the earnings per share of McBride will necessarily be greater than or equal to those of prior years. This information is provided by RNS The company news service from the London Stock Exchange

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Mcbride (MCB)
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