News release

Tomkins acquires industrial hydraulic fittings business

22 June 2005

Tomkins plc announces the acquisition of Eifeler Maschinenbau GmbH ("EMB"), a division of Heitag Beteiligung GmbH.

The transaction, subject to standard closing conditions including antitrust approval, is expected to be completed by 1 July 2005. EMB's operations will be integrated into Gates' Fluid Power business.

EMB is a world-class manufacturer of high-performance hydraulic tube fittings, adapters and accessories for a variety of industrial applications. The company is headquartered in Euskirchen, Germany and has subsidiary operations in Spain and China, employing around 150 people. EMB has annual sales of around €29 million and net operating assets of €12.5 million.

Jim Nicol, Chief Executive of Tomkins plc, said: "This acquisition broadens our range of port-to-port solutions for the industrial markets, provides significant potential operational synergies and opens up new opportunities for Gates in Europe and China. EMB will benefit from growth opportunities through leveraging Gates' strong presence in the United States and developing areas such as Brazil, China and India. This transaction represents another step in Tomkins' strategy of developing its businesses in high-growth markets."

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