Acquisition

Further to Stock Exchange Announcement No. 16/2007 Gibo Plast – a subsidiary of SP Group – has today acquired the entire share capital in DKI Form with takeover on 2 January, 2008.

The purchase price paid in cash amounts to DKK 20.4m for all shares. Apart from this sum Gibo Plast takes over net interest-bearing liabilities of approximately DKK 15 m.

The revenue of DKI Form in the latest financial year amounted to DKK 48 m. and DKI Form is expecting this year a growth of approximately 20 pct.

It is the intension to merger above two companies during 2008.

The management of the day-to-day business will be Mr. Torben Hald, Managing Director (today managing director of DKI Form) and Søren Jensen, Sales Director (today managing director of Gibo Plast). The other two shareholders in DKI Form, Mr. Poul Bentsen and Mr. Henrik Bentsen, are willing to join the board of director of Gibo Plast. The members of the board of directors are further Mr. Jørgen Nielsen, Mr. Jens Hinke and Mr. Frank Gad, chairman.

Gibo Plast and DKI Form are producing vacuum formed plastic part for a wide range of industries in Northern Europe.

In the light of the strong position in the market of these two companies SP Group intends to growth the vacuum forming unit in the years to come.

The acquisition will not have any effect on the expectations of SP Group’s year-end result in 2007.

However, in the long run considerable synergies in sales and revenue are expected.

For further information please take contact to Chief Executive Officer Frank Gad.

Best regards

Niels K. Agner Chairman	Frank Gad Chief Executive Officer

Incase of any discrepancies, the Danish version shall prevail.

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