Acquisition

Bulgin PLC
29 June 2000


                   BULGIN ACQUIRES MILMEGA LTD

Bulgin   PLC   ('Bulgin'),  the  AIM  listed   manufacturer   of
electromechanical, electronic components and  power  electronics
products,  has  acquired  the entire  issued  share  capital  of
Milmega Limited ('Milmega') for an initial consideration  of  US
$2 million in cash.  The final consideration will be adjusted by
reference to the audited net assets on completion.

Milmega  is a designer and manufacturer of solid state microwave
amplifiers  used in the communications, medical, test  equipment
and  military  markets.  Audited accounts for the year  to  31st
December  1999  show net assets of £1.0 million, sales  of  £1.9
million, and profits of £77,000.

Brian  Emerson,  Chief  Executive  of  Bulgin,  commented   'The
acquisition  of Milmega is consistent with Bulgin's strategy  of
investing  in  value-added businesses in the  power  electronics
sector.   It complements our existing business and helps  us  to
expand and enhance our current operations.'


For further information please contact:

Brian Emerson         Richard Thompson      Hamish McFall
Chief Executive       Dugald Carlean        Ana Nogales
Bulgin PLC            Teather & Greenwood   Tavistock
Tel:[phone]     Tel: [phone]    Communications
                                            Tel: [phone]