Result of Open Offer

Sondex PLC 10 November 2006 Sondex plc ("Sondex" or the "Company") Posting of Supplementary Prospectus & Open Offer Result 10 November 2006 On 9 November 2006, the Company posted a Supplementary Prospectus to its Shareholders concerning the change of recommendation of the Board in relation to the proposed acquisition of Innicor Subsurface Technologies Inc. and the Firm Placing and Placing & Open Offer, Sondex's unaudited interim results for the six months ended 31 August 2006 and Innicor's unaudited interim results for the third quarter ended 30 September 2006. Shareholders' attention is drawn to the change of recommendation by the Board as stated in the Supplementary Prospectus. The Board now strongly advises Shareholders to vote against all resolutions to be proposed at the Extraordinary General Meeting to be held at 4.00pm on 16 November 2006. On 19 October 2006, Sondex announced details of a proposed Firm Placing of 7,575,481 New Ordinary Shares and Open Offer of 8,104,322 New Ordinary Shares at 280 pence per New Ordinary Share, of which 7,575,481 New Ordinary Shares have been placed firm and 8,104,322 New Ordinary Shares were being placed conditionally subject only to clawback to satisfy valid acceptances under the Open Offer. The Open Offer has now closed in accordance with its terms. The Board of Sondex announces that valid acceptances under the Open Offer have been received from Qualifying Shareholders in respect of 2,486,633 Open Offer Shares. This represents approximately 30.7 per cent. of the Open Offer Shares offered pursuant to the Open Offer. As a result of the acceptances received under the Open Offer, the balance of 5,617,689 Open Offer Shares, representing 69.3 per cent. of the 8,104,322 New Ordinary Shares placed subject to clawback, will fall to be taken up by the institutional investors with whom shares have been conditionally placed. The Firm Placing, Placing and Open Offer remain conditional upon the passing of the Resolutions to be proposed at the Extraordinary General Meeting to be held at 4.00pm on 16 November 2006 and upon Admission. The final time and date for receipt of Forms of Proxy in relation to the Extraordinary General Meeting is 4.00 p.m. on 14 November 2006. Completion and return of a Form of Proxy will not preclude Shareholders from attending and voting in person at the Extraordinary General Meeting. Shareholders' attention is drawn to the change of recommendation by the Board as stated in the Supplementary Prospectus. The Board now strongly advises Shareholders to vote against all resolutions to be proposed at the Extraordinary General Meeting to be held at 4.00pm on 16 November 2006. For further information please contact: Sondex Tel: 01252 862 200 Martin Perry (Chief Executive) Chris Wilks (Finance Director) Investec Tel: 020 7597 5970 James Grace / Patrick Robb College Hill Tel: 020 7457 2020 Nick Elwes / Paddy Blewer www.sondex.com This information is provided by RNS The company news service from the London Stock Exchange
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