The boards of Newco and Lloyds British Testing are pleased to announce that they
have reached agreement on the terms of a recommended offer to be made by KPMG
Corporate Finance on behalf of Newco, to acquire the entire issued and to be
issued ordinary share capital of Lloyds British Testing, a UK based group
engaged in the supply of engineering services and lifting equipment support
services.
Summary of the Offer
* The Offer will be 12 pence in cash for each Lloyds British Testing
Share.