Investor Relations

 RNS Number:4592K
Portmeirion Group PLC
13 October 2006


                     Portmeirion Group Plc ('Portmeirion')

                                   Acquisition


Portmeirion announces the acquisition of Pimpernel, Cloverleaf and Manorcraft
brands. These brands are primarily involved in the placemat, coaster, mug and
tray markets.


Portmeirion has today completed the purchase of goodwill, intellectual property
and some stock from Pimpernel International Limited (in Administration).


The consideration of £323,000 will be paid in cash. A further £225,000 is
expected to be spent in re-organisation costs. The total expenditure of £548,000
will be met from existing cash balances. Further purchases of Pimpernel stocks
currently situated at UK ports may be made, subject to satisfactory negotiations
with various suppliers and logistics companies.


The acquisition of this brand is expected to generate at least £3 million of
additional turnover in 2007.


Lawrence Bryan, Chief Executive of Portmeirion said:


"This is an excellent fit for our Group. The continued expansion into non
ceramic household goods is part of our overall strategy. Pimpernel is a
respected brand and shares many of our current customers. This acquisition gives
us an expanded product selection and naturally complements our current
assortment. We look forward to providing the excellent customer service and
design expertise for which we are known to all markets around the world where
Pimpernel products are in demand."



For further information please contact:


Arthur Ralley, Chairman                    01782 744721
Brett Phillips, Finance Director           01782 744721



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