Acquisition

Mears Group PLC
20 September 2007


Mears Group PLC
20 September 2007


Acquisition of the social housing business assets of Makers UK Limited


Mears Group PLC ('Mears') announces that it has entered into a contract to
acquire the majority of the social housing business assets of Makers UK Limited,
a subsidiary of Keller Group plc, for a nominal consideration. The acquisition
will complete on 28 September 2007.

The assets comprise social housing maintenance contracts with a number of local
authorities largely within the M25. Mears anticipates annualised revenue of
approximately £10 million from these contracts once all the contracts are
mobilised. Approximately 100 staff will transfer as part of the acquisition.

Commenting on the acquisition, Bob Holt, said:

'We are delighted to welcome the employees and clients of Makers into the Mears
family.'


Enquiries:

Mears Group PLC
Bob Holt                                          07778 798816
Andrew Smith 07712 866461
David Robertson                                   07887 705357

Threadneedle Communications
Trevor Bass                                       020 7936 9666
Alex White

Investec (Nominated adviser)
Keith Anderson 020 7597 5970
Michael Ansell
Daniel Adams



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