News release

Posting of Stackpole offer document

13 May 2003

Recommended offer for Stackpole Limited
Posting of offer document

Further to the announcement made on 30 April 2003, Tomkins plc announces that the formal offer document was posted last night to Stackpole Limited's shareholders. A copy of the offer document is available in PDF for download (146 KB - opens in a new window).

The offer will remain open until 17 June 2003, unless extended by Tomkins plc.

In addition to the agreement announced on 30 April 2003 with Stackpole Limited's major shareholder Stackpole Corporation, agreements have now been reached with the directors and certain senior executives of Stackpole Limited. As a result of these agreements, Tomkins plc has now received irrevocable undertakings to accept the offer from shareholders representing approximately 52 per cent of Stackpole Limited's fully diluted share capital.

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