Acquisition by Subsidiary Company of Sachtler

Vitec Group PLC 15 February 2000 Contacts: Vitec Group plc Malcolm Baggott, Chief Executive Vitec Group plc announces the acquisition by a subsidiary company of Sachtler GmbH of the 50% of the joint venture company, Amic Sachtler Corporation, owned by Amic Inc., a Japanese Corporation. The consideration of Yen 116.242 million(approximately £676,000) was paid today in cash. Amic Sachtler Corporation is responsible for sales of Sachtler products in Japan. Malcolm Baggott, commenting on the acquisition, said: 'the acquisition of this minority interest will enable us to fully maximise our potential in Japan.'

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