Re: Network Products Division

Spirent PLC 19 September 2005 Spirent PLC NETWORK PRODUCTS DIVISION London, UK - 19 September 2005: Spirent plc (LSE: SPT; NYSE: SPM), a leading communications technology company, today announces that it has started a formal process that is expected to result in the sale of its Network Products division, HellermannTyton. This decision is consistent with the Group's stated strategy of focusing on growing its Communications group whilst maximising the value of its other businesses. HellermannTyton provides innovative solutions for fastening, identifying, insulating, organising, routing and connectivity that add value to electrical and communication networks in a wide range of applications. It continues to demonstrate strong revenue growth, robust margins and attractive cash flows. Further announcements will be made as appropriate. Gleacher Shacklock LLP and JPMorgan Cazenove Limited are acting as Financial Advisers to the Company in relation to the disposal. Anders Gustafsson, Chief Executive, commented: 'HellermannTyton is an excellent business that is performing well. Given our strategy to concentrate our resources on the development of the Communications group, we believe that this is a good time to realise value from our successful investment in HellermannTyton and strengthen our overall financial position.' - ends - Enquiries Anders Gustafsson, Chief Executive Spirent plc +44 (0)1293 767676 Eric Hutchinson, Finance Director Tim Shacklock Gleacher Shacklock +44 (0) 7484 1150 LLP Edward Cumming-Bruce Julian Cazalet JPMorgan Cazenove Ltd +44 (0) 7588 2828 Andrew Hodgkin Reg Hoare Smithfield +44 (0)20 7360 4900 Katie Hunt About Spirent Spirent is a leading communications technology company focused on delivering innovative systems and services to meet the needs of customers worldwide. We are a global provider of performance analysis and service assurance solutions that enable the development and deployment of next-generation networking technologies such as broadband services, Internet telephony, 3G wireless and web applications and security testing. Our Network Products business is a developer and manufacturer of innovative solutions for fastening, identification, protection and connectivity in electrical and communications networks marketed under the global brand HellermannTyton. The Systems group comprises PG Drives Technology which develops power control systems for specialist electrical vehicles in the mobility and industrial markets. Further information about Spirent plc can be found at www.spirent.com Spirent Ordinary shares are traded on the London Stock Exchange (ticker: SPT) and on the New York Stock Exchange (ticker: SPM; CUSIP number: 84856M209) in the form of American Depositary Shares (ADS), represented by American Depositary Receipts, with one ADS representing four Ordinary shares. Spirent and the Spirent logo are trademarks or registered trademarks of Spirent plc. All other trademarks or registered trademarks mentioned herein are held by their respective companies. All rights reserved. This press release may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance and are subject to factors that could cause our actual results to differ materially from those expressed or implied by these statements. These risks include the risks described from time to time in Spirent plc's Securities and Exchange Commission periodic reports and filings. The Company undertakes no obligation to update any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings