Acquisition

Headlam Group PLC 28 October 2002 To : Company Announcements Office Primary Markets Division The London Stock Exchange Company announcements Tel 0207 797 4400 Company: Headlam Group plc Old Mutual Securities For immediate release 28 October 2002 Contact Susan Brice Tel: 0121 710 4504 Headlam Group plc Headlam Group plc ('Headlam'), the leading UK floorcoverings distributor, announces that on Friday, 25 October it acquired the business and certain assets and liabilities of G.A.A.S Flooring Limited and G.A.A.S Flooring Distributors (Cambridge) Limited (both in administration), being regional distributors of contract floorcoverings located in Watford and Cambridge respectively, collectively trading as G.A.A.S. G.A.A.S will be relocated to Headlam's distribution centre in Bedford, increasing it's commercial market presence in the south of England, and is in keeping with the group's strategy of operating multiple trade brands from existing facilities to achieve an enhanced market presence. Consideration based on the net assets acquired was £150,000. End 28 October 2002 This information is provided by RNS The company news service from the London Stock Exchange UUPPGPR
UK 100