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Acquisition

4th Apr 2005 12:05

Headlam Group PLC04 April 2005 To : Company Announcements OfficePrimary Markets DivisionThe London Stock ExchangeCompany announcements Tel 0207 797 4400 For immediate release 4 April 2005 Headlam Group plc Headlam Group plc, the leading UK floorcoverings distributor, announces that on1 April 2005 it acquired the retail division of Gaskell Flooring Limited,trading as Gaskell Wool Rich and Tomkinson Carpets. Gaskell Wool Rich and Tomkinson Carpets are suppliers of residential carpets toindependent floorcovering retailers and department stores within the UK. Consideration payable in cash on completion is £425,596 for tangible assetsacquired of £425,596. In line with the group's strategy the businesses will operate autonomously andbe relocated to its new distribution centre in Tamworth. Enquiries: Steve Wilson Headlam Group Finance DirectorTel : 01675 433000 End4 April 2005 This information is provided by RNS The company news service from the London Stock Exchange

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