Recommended Offer for Protec

Quadnetics Group PLC
18 November 2005




Quadnetics Group PLC
18 November 2005

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF IRELAND, SOUTH AFRICA OR 
JAPAN

RECOMMENDED OFFER FOR PROTEC PLC

Offer Extended

As at 1.00 pm on 18 November 2005, valid acceptances had been received in
respect of 120,807,939 Protec Shares (representing approximately 75.26 per 
cent. of Protec's issued share capital).

Prior to the posting of the Offer Document, Quadnetics had received 
irrevocable undertakings from the Protec Directors and certain other Protec 
Shareholders to accept the Offer in respect of, in aggregate, 99,758,979 
Protec Shares representing 62.15 per cent. of the existing issued Protec 
Shares. Of these irrevocable undertakings the Board has received valid 
acceptances from, in aggregate, 78,252,406 Protec Shares, representing 48.75 
per cent. of the existing issued Protec Shares.

Quadnetics announces that it is extending the Offer until further notice.

Now that Quadnetics has acceptances in relation to over 75 per cent. of 
Protec Shares, the process of de-listing Protec from AIM will commence.

At a board meeting today 83,828 New Quadnetics Shares were allotted to 
holders of Protec Shares who had validly accepted the Offer.

Settlement of consideration

Application will be made to the London Stock Exchange for these New 
Quadnetics Shares to be admitted to trading on AIM on Thursday 24 November 
2005.

Delivery of share certificates/CREST transfers

Share certificates for these New Quadnetics Shares will be despatched to 
Protec Shareholders who have validly accepted the Offer in respect of Protec 
Shares held in certificated form within 14 days.

Transfer into CREST for Protec Shareholders who have accepted the Offer in
respect of these Protec Shares held in within CREST will take place with 14
days.

Terms defined in the Offer Document dated 30 September 2005 shall, unless the
context requires otherwise, have the same meanings in this announcement.

Enquiries

Quadnetics                                                     01527 850080
Russ Singleton, Chief Executive
Nigel Poultney, Finance Director

Brewin Dolphin Securities Ltd                                  0113 241 0130
(Financial Adviser and Corporate Broker to Quadnetics)
Neil Baldwin
Keith Williams

Protec                                                         01923 211550
Bill Moir, Chief Executive

Teather & Greenwood                                            020 7246 9000
(Financial Adviser and Corporate Broker to Protec)
Jeff Keating
Rob Naylor

Media Enquiries

Abchurch Communications                                        0207 398 7700
Chris Munden
Kathryn Murphy




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