Acquisition

DCC PLC
12 November 2007





        DCC acquires leading French distributor of consumer electronics
                               and IT peripherals
                                       
 
DCC plc, the business support services group, has reached conditional agreement
to acquire Banque Magnetique SAS ('Banque Magnetique'), a Paris based French
company, which is a leading distributor of consumer electronic products and IT
peripherals to the French retail market. The business is being sold by Fayrewood
plc. The acquisition is subject, inter alia, to clearance from the French
competition authorities.

The agreed cash cost of the acquisition will be €38.1 million, made up of
consideration of €12.5 million and net debt of €25.6 million.

Banque Magnetique's operating profit before group charges, goodwill amortisation
and exceptional items for its financial year ended 31 December 2006 was €4.5
million and it is expected to achieve operating profits of approximately €5.6
million in its financial year to 31 December 2007. Sales in 2006 were €245
million. At 31 October 2007, Banque Magnetique had net operating assets of
approximately €38.6 million.

Banque Magnetique distributes a broad range of consumer electronic products and
IT peripheral products and services to a wide range of retail customers,
including internet, supermarket and specialist electronics retailers.

Jim Flavin, Executive Chairman of DCC plc, said today:

    'Banque Magnetique is an excellently managed business which has 
    experienced strong growth over the past three years. The acquisition 
    will significantly strengthen DCC's position in European retail 
    consumer electronics distribution. Banque Magnetique will be acquired 
    by Gem Distribution, DCC's subsidiary, which is the leading distributor 
    of consumer electronic products and IT peripherals in the British 
    market. The strategic fit between Gem Distribution and Banque Magnetique 
    will provide vendor, product and management synergies.'


For reference:

Jim Flavin, Executive Chairman
Tommy Breen, Group Managing Director
Niall Ennis, Managing Director, DCC SerCom
Conor Murphy, Investor Relations Manager

Telephone: [phone]
Email: [e-mail]
Web: www.dcc.ie





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