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Completion of Acquisitions

1st Jun 2007 07:00

The Vitec Group PLC31 May 2007 Not for release, distribution or publication, in whole or in part, in or intothe United States, Canada, Australia or Japan FOR IMMEDIATE RELEASE 1 June 2007 THE VITEC GROUP PLC ACQUISITIONS OF NUCOMM AND RF CENTRAL Further to the announcement of 30 May 2007, the Vitec Group plc ("Vitec") ispleased to announce that the acquisitions of Nucomm Inc and RF Central LLC havenow completed. The initial consideration was satisfied in part by the issue of new Vitec sharesworth $2.5 million (£1.27 million). Accordingly, 207,572 ordinary shares of 20pence each have been issued and allotted. A further $1.0 million (£0.51million) of new Vitec shares will be issued on completion of RF Central'sacquisition of Microwave Services Corporation, expected to take place in thenext few weeks. Application will be made to the UK Listing Authority and theLondon Stock Exchange for these shares to be admitted to the Official List. Enquiries:The Vitec Group Tel: 020 8939 4650Gareth Rhys Williams Alastair HewgillFinancial Dynamics Tel: 020 7269 7121Richard Mountain This information is provided by RNS The company news service from the London Stock Exchange

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