Acquisition

11 November, 2010

CPL Resources plc

Cpl Resources plc ("CPL") today announced that it has acquired PHC Care Management Limited, "PHC". PHC provides quality, person centered care and support to individuals in their own homes, enabling them to continue to live independently.

The acquisition of PHC represents a further step in CPL's strategy of extending the Group's footprint in the healthcare sector, and will enhance CPL's position as the leading provider of Healthcare professionals in the market."

Elizabeth Nicholson MD of PHC said "After 21 years of building the homecare business this is a natural progression for us, we share the same vision for providing excellent patient care in the comfort of one's own home and we are committed to keeping quality standards high within the homecare industry."

Anne Heraty CEO of Cpl said "I would like to welcome the employees of PHC to the Cpl Group, this partnership is an excellent base from which to further develop our homecare services across Ireland. I anticipate significant benefits for our patients, their families and the communities within which we operate, from the strong infrastructure and support of the combined companies."

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