Acquisition

NWF Group PLC
19 April 2002



NWF GROUP PLC

ACQUISITION OF DUKERIES GARDEN CENTRE



NWF Group plc announces that on 18th April, 2002, it completed the acquisition
of the whole of the share capital of Stention Limited, a private company which
trades as Dukeries Garden Centre on a leasehold site located at Welbeck,
Worksop, Nottinghamshire.



The consideration for the acquisition is £2.5 million consisting of £2,399,977
in cash and the issue of 43,300 new ordinary shares in NWF Group plc at a price
of £2.31 per share.



A further consideration payment may be payable within two months based on any
increase in net assets in a set of accounts made up to the completion date.



Of the total consideration, £0.5 million cash is deferred until 1 June 2003 and
a further £0.3 million cash is deferred until 1 June 2004.



The business being acquired was founded some twenty years ago by the vendors and
has been built up into a successful destination garden centre and nursery.  NWF
Group plc now operates six Country Stores and three Garden Centres.



The net assets of Stention Limited as at 31 December 2001 were £641,353 and the
profit on ordinary activities before tax for the year to that date was £255,410.



Application has been made for the 43,300 new ordinary shares to be admitted to
trading on AIM. It is expected that dealings will start on 22nd April, 2002.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
             ASEIALIF