Acquisition

Renold PLC
11 March 2005




Renold plc Acquisition

Renold acquires Sachs Automotive France SAS

Following the announcement on 14 February 2005, Renold plc confirms that it has
reached agreement to acquire Sachs Automotive France SAS ('SAF') from ZF Sachs
AG for a nominal cash consideration.

SAF, located and with a manufacturing facility at Saint Simeon de Bressieux near
Grenoble, employs 200 people and supplies automotive chain products to the
European aftermarket and a number of OEM's.

For the year ended 31 December 2004, Sachs Automotive France recorded a
pre-exceptional operating loss of Euros 3.9 million and a statutory loss before
tax of Euros 7.8 million. Net assets at the year end, adjusted for a cash
injection to be made on completion and forgiveness of inter-company loans, were
Euros 16.9 million.

It is expected that the acquisition will complete shortly.

Bob Davies, Chief Executive of Renold plc, said:

'This acquisition provides a base from which to build a European automotive
aftermarket business and provides high quality equipment and process technology
which can be used to enhance Renold's existing automotive activities. SAF will
be restructured to become a viable business focused on the aftermarket. It will
be rapidly integrated into Renold's Automotive operations and will extend our
capability to support this growing market sector.'

Enquiries: Bob Davies, Chief Executive ) 0161 498 4500
Steve Mole, Finance Director )



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