Acquisition

Torex Retail PLC
13 June 2005


13 June 2005

                                TOREX RETAIL PLC

                    CONTINUED EXPANSION OF EUROPEAN BUSINESS
                   WITH €4.25 MILLION ACQUISITION OF LEADING
              GERMAN RETAIL WORKFORCE MANAGEMENT SYSTEMS SUPPLIER


Torex Retail Plc ('Torex Retail' or 'the Group'), the leading international
systems supplier, is pleased to announce that it has acquired Hoffmann
Datentechnik GmbH ('Hoffmann' or 'the Company') for a total consideration of
€4.25 million.  This consideration will be satisfied by the payment of €2.50
million in cash and €1.75 million by the issue of 1,146,465 new Torex Retail
ordinary shares payable on completion.

Hoffmann is the leading supplier of workforce management and labour scheduling
systems to the German retail market. The Company has a base of over 2,500
installed systems in some 300 customers in Germany, Switzerland, Austria,
Belgium, Poland, Romania and the Czech Republic. The strong customer base
comprises some of Germany's largest retailers including Praktiker (Metro),
Globus (Rewe), IKEA, Toys'R'Us, Douglas and EDKA.

Hoffmann is based in near Bremen and in the year ended 31 December 2004 the
Company achieved revenues of €2.5 million.

Chris Moore, Chief Executive of Torex Retail commented:

'Hoffmann is a longstanding and well respected supplier to the European retail
market. For a small business it has a fantastic blue chip customer base which
bears testimony to the strength of its product set and reputation for customer
service.

We are already the market leader in the UK in labour scheduling with customers
like Tesco taking our solution and Hoffmann greatly increases our capability
across Europe. The acquisition will give rise to significant cross selling
opportunities in the German market and also provides a product which can be sold
throughout our business, including to the large US market.'

Application will be made for the 1,146,465 new shares to be issued pursuant to
the consideration for the acquisition to be admitted to trading on AIM.
Admission is expected to become effective on 16 June 2005.

                                     Ends.

Enquiries:

Torex Retail plc                                     0870 050 9900
Chris Moore, Chief Executive
Richard Thompson, Finance Director

Citigate Dewe Rogerson                               020 7638 9571
Ginny Pulbrook / Seb Hoyle


About Torex Retail plc

Torex Retail is a leading independent provider of cutting edge retail technology
solutions to many of the world's principal retailers. Since the company's
flotation in spring 2004 Torex Retail has achieved rapid growth across all of
its markets and has rigorously pursued its goal of becoming the provider of
choice. As a result, the company now has a presence in all of the major markets
around the world and has built a strong platform for future growth in line with
its strategy. Torex's Retail's product and solution set spans high street and
out-of-town retail as well as the petroleum and convenience sector and with over
2,000 blue-chip customer relationships, including Tesco, Woolworth, Selfridges,
Shell and Argos, the company has earned a leading reputation amongst retailers.
Torex Retail has more than 1,000 staff based across the UK, Europe, South-East
Asia and the United States. www.torexretail.com


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