Acquisition

Mentmore Abbey Plc
02 August 2002

                                                                   2 August 2002


                               MENTMORE ABBEY PLC

              Acquisition of Data Services by Iron Mountain Europe

Mentmore Abbey plc (Mentmore) today announces that its records management joint
venture, Iron Mountain Europe (IME), has acquired the Data Services business of
TDG plc for a total cash consideration of £6.5 million on a debt-free basis, of
which £5.85 million is payable on completion, with the balance payable no later
than thirteen months after completion.

TDG's Data Services provides document and magnetic media storage and management
services from eight locations across the UK to approximately 400 customers: IME
will assume all these customers and transfer the activity at these locations to
its existing facilities over the next 17 months.

In  2001, Data Services had turnover of £5.8 million and operating profit of
£0.5 million, and in the first half of 2002 reported turnover of £3.1 million
and operating profit of £0.4 million.

Nick Smith, Chairman and Chief Executive of Mentmore, said:

'This transaction will further strengthen IME's market position in the UK.  We
are delighted to welcome these new customers and look forward to providing them
with a first class service'.


Enquiries:

Mentmore Abbey plc                                          Tel:  [phone]
Nick Smith, Chairman and Chief Executive
Clive Drysdale, Finance Director

Buchanan Communications                                     Tel:  [phone]
Catherine Miles






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