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Acquisition update

11th Nov 2005 15:45

Asfare Group plc11 November 2005 Press Release 11 November 2005 Asfare Group plc ("Asfare" or "the Company") Completion of the acquisition of Todd Research Limited Following the announcement on Monday 7 November of the acquisition of the wholeof the issued share capital of Todd Research Limited ("Todd") and the admissionof 771,111 new ordinary shares at 90p per share to trading on the AIM market ofthe London Stock Exchange on 10 November 2005, all the conditions of the saleand purchase agreement have now been met and the acquisition of Todd has beencompleted. Enquiries: Asfare Group plcTony O'Neill, Chief Executive Tel: +44 (0) 2380 861 966Tim O'Connor, Finance Director Seymour PierceMark Percy / John Depasquale Tel: +44 (0) 20 7107 8000 Media enquiries:Abchurch CommunicationsAriane Comstive Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com - Ends - This information is provided by RNS The company news service from the London Stock Exchange

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