Acquisition

Clarke(T.) PLC 10 January 2005 T. CLARKE WIDENS GEOGRAPHICAL OPERATIONS WITH £4.2M SCOTTISH ACQUISITION The Board of T. Clarke plc ('T. Clarke'), the electrical engineering and contracting company today announces the acquisition of Smith Contracting Services Ltd. ('SCS') for £4.2m, of which £1.0m will be satisfied by the issue of new shares in T. Clarke and the balance by the payment of cash. SCS is a privately owned electrical and mechanical contractor with 170 employees based in Falkirk and Aberdeen. The company specialises in electrical contracting for large new build residential projects and has a strong reputation in its local markets. It is the largest electrical contractor to private housing developers in Scotland. In the year to March 2004, SCS reported turnover of £10.894m, a pre-tax profit of £338,000, following an exceptional bad debt of £320,000 and had net assets of £1.313m. The Board of T. Clarke is confident that as part of the larger group SCS will continue its growth. Trading Update The Board of T. Clarke has reviewed trading during the second half of 2004 and is able to confirm that the results for the year ended 31 December 2004 will be in line with market expectations. The positive trend noted for trading conditions in 2005 and beyond has continued to gather momentum and the Directors have confidence that this trend will not weaken in the foreseeable future. Pat Stanborough Chief Executive commented, ' I am delighted to announce the acquisition of Smith Contracting Services. It is an excellent local business, with a first class reputation in its Scottish markets. The company has grown well in the past few years, both organically and through acquisition. We are confident that as part of the larger T. Clarke group, the business can continue its growth pattern. This is our first acquisition in Scotland and SCS will form the backbone of our Scottish operations. We have always placed a strong emphasis on broadening the base of our regional operations and this acquisition fits our strategy perfectly. ' We are pleased with current trading, which remains in line with our expectations. Our core markets in London and the South East are continuing to show significant signs of recovery. Consequently, our order books are improving and we are pleased that we have won a number of large projects that extend into the next trading year and beyond. Our regional businesses are also reporting encouraging progress and we are hopeful of reporting further major project wins in March.' -ends- Date: 10 January 2005 For further information contact: T. Clarke plc City Profile Group Pat Stanborough, Chief Executive Simon Courtenay John Daly, Finance Director Tel: 020-7448-3244 Tel: 020-7358-5000 Web: www.tclarke.co.uk This information is provided by RNS The company news service from the London Stock Exchange

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