26th Nov 2008 07:05
RNS Number : 9439I
Johnson Matthey PLC
26 November 2008
For release at 7.05 am Wednesday 26th November 2008
Johnson Matthey Announces the Sale of Argillon's Insulators and Alumina Businesses
Johnson Matthey announces that it has today completed the sale of the non-core Ceramic Insulators and Alumina businesses in Germany, Poland and Romania that it acquired as part of the Argillon Group in February 2008, to Lapp Insulator GmbH & Co for €21 million in cash plus a €2 million vendor loan note.
Enquiries:
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Ian Godwin
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Director, IR and Corporate Communications
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020 7269 8410
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John Sheldrick
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Group Finance Director
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020 7269 8408
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David Morgan
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Executive Director, Group Corporate Development
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020 7269 8454
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Howard Lee
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The HeadLand Consultancy
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020 7367 5225
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www.matthey.com
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