Acquisition

Headlam Group PLC 29 July 2002 29 July 2002 Headlam Group plc Headlam Group plc ('Headlam'), the leading UK floorcoverings distributor, announces that on Monday 29 July 2002 it acquired certain assets of the UK floorcovering distribution business of Wollimex AG of Switzerland Wollimex, a national supplier of specialist commercial carpets will be relocated to Headlam's West Midlands distribution centre and is in keeping with Headlam's strategy of operating multiple trade brands to achieve an enhanced market presence from existing facilities. Consideration based on the net assets acquired was £284,000. Annualised sales for this business amount to approximately £400,000. Enquiries: Tony Brewer Headlam Group Chief Executive Steve Wilson Headlam Group Finance Director Tel : 01675 433000 End 29 July 2002 This information is provided by RNS The company news service from the London Stock Exchange UPPGGB
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