Acquisition

Centaur Holdings PLC
24 February 2005

Centaur Holdings plc
                                                              24th February 2005

Centaur Holdings plc (Centaur) acquires logistics magazine and two exhibitions
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Centaur, the specialist business publishing and information company, is pleased
to announce that it has acquired Logistics Manager, a monthly magazine for
logistics professionals, and the two Logistics Link exhibitions that go with it,
for £500,000 in cash.

The magazine and exhibitions have been bought from Seven Kings Publications Ltd.
The magazine was launched in 1994 and is published ten times a year. The first
of the Logistics Link exhibitions was launched at Sandown Park in 2002 and the
second was launched at Doncaster in autumn 2004. In calendar year 2004 the ten
issues of the magazine and the two shows had a total combined turnover of £0.9m.

This is Centaur's first acquisition in a new community since the company was
floated on AIM in March 2004. In December 2004 Centaur was admitted to the
Official List on the London Stock Exchange.

Graham Sherren, chairman and chief executive of Centaur, said: 'We are very
excited at the prospect of being involved in the logistics and transport
community and see huge potential for both the magazine and the exhibitions.
Serving new communities is a key part of Centaur's growth strategy and Logistics
Manager and Logistics Link fit the bill perfectly'.

Centaur's strategy is to build on its strength in the markets in which it
already operates and look for other communities where it can apply its knowledge
and expertise. The company believes that the logistics and transport community
is ready for greater recognition. Managing the supply chain efficiently can have
a significant impact on the profitability of manufacturing, distribution and
retail businesses.

The growth of internet shopping is also changing the face of UK retailing,
requiring significant improvements in the efficiency of logistics processes.

Neil Asten, Chairman of Seven Kings and publisher of Logistics Manager, said:
'In the 11 years since we launched Logistics Manager we have developed it into a
high-quality journal and introduced many new features and events. Centaur will
use its experience and knowledge to take both the magazine and shows forward and
help them play an even more important role in logistics and transport.'

Centaur is one of the UK's leading business-to-business publishers. Centaur's
publications include Marketing Week, Design Week, Creative Review, The Lawyer,
Finance Week, Money Marketing and The Engineer. It also has a major Exhibitions
division that runs around 20 exhibitions a year including the Business Travel
shows, several shows in the marketing and financial services sectors and the
Homebuilding & Renovating shows.

The Logistics Manager and Logistics Link operations will be moving to Centaur's
offices in central London in early March.



Enquiries:

Centaur Holdings plc      Graham Sherren                    Tel: [phone]
                          Geoff Wilmot

Gavin Anderson & Company  Richard Constant                  Tel: [phone]
                          Laura Hickman
                          Janine Brewis



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            The company news service from the London Stock Exchange