Acquisition & Placing

Embargoed: 0700hrs, 15 September 2006

                                Avingtrans plc                                 

                                ("Avingtrans")                                 

                            Acquisition and Placing                            

The Board of Avingtrans plc is pleased to announce the conditional acquisition
of B&D Patterns Limited ("B&D") for consideration of up to £10.5 million, of
which £6.583 million is payable in cash and £417,000 will be satisfied by the
issue of Avingtrans ordinary shares of 5 pence each ("Avingtrans Shares") on
completion and the remainder subject to an earn-out calculated by reference to
B&D's profit before tax for the years ended 31 May 2007 and 31 May 2008.

B&D is a manufacturer and supplier of critical jet engine components to the
aerospace industry. It specialises in precision engineered gas and fuel
carrying rigid pipe asemblies, which are required to be manufactured to the
highest quality levels using computer numerically controlled machining as well
as non-destructive testing and X-Ray procedures.

B&D, which owns freehold properties which have been independently valued at £
3.1m, made a profit before tax of £1 million on turnover of £10.4 million in
the year to 31 December 2005. As at 31 December 2005, it had net assets of £2.5
million.

In connection with the acquisition, Avingtrans has conditionally placed
1,426,000 Avingtrans shares with an institutional investor at a price per share
of 125 pence, raising £1.78 million (the "Placing Shares"). Further to this,
170,000 Avingtrans shares will be subject to a Vendor Placing at the same price
raising a further £212,500. Application has been made for the Placing Shares to
be admitted to AIM and admission is expected on 20 September 2006. The shares
to be issued will all rank pari passu with the Avingtrans' existing ordinary
shares. The remainder of the consideration will be funded through debt.

Ken Baker, Chairman of Avingtrans, commented: "I am delighted to announce this
acquisition. B&D Patterns is a high quality precision engineering company with
a proven track record. Its acquisition will enhance Avingtrans' existing
activities servicing the aerospace industry and it will, we believe, be
earnings enhancing in the current financial year. The acquisition continues
Avingtrans' strategy of acquiring profitable precision engineering companies to
support the Group's organic growth."

For further information please contact:

Ken Baker, Chairman

Steve Lawrence, Managing Director

Avingtrans plc

Tel. [phone]

Ben Simons/Adam Reynolds

Hansard Communications

Tel. [phone]

Nick Lovering

Bridgewell

Tel. [phone]