Umeco's strategy is to become a leading international provider of supply chain services and advanced composite materials to the aerospace & defence and automotive industries.

The Group is quoted on the London Stock Exchange and has annualised revenue in excess of £450 million. Our website is: www.umeco.com

Umeco is managed through two business streams:

Umeco Supply Chain - a leading international provider of value-added distribution and supply chain outsourcing services to customers in the aerospace & defence market. With its specialisation in the supply of small components and sophisticated IT systems, its growing global customer base can enjoy significant operational, cost and working capital benefits.

Customers include Rolls-Royce plc, BAE SYSTEMS, Safran Group, Parker Aerospace, Goodrich, Lockheed Martin and the US Department of Defense.

Umeco Composites - a provider of a complete range of advanced composite materials principally to the aerospace, motor sport, automotive and wind energy markets.

Customers include Boeing, Airbus, BAE SYSTEMS, a number of manufacturers of high performance super cars and Formula 1 teams including Team McLaren Mercedes.

We are actively seeking acquisitions which will either bolt-on to an existing activity or that are larger and stand-alone.

Target companies should satisfy the majority of the following criteria:

· Supply Chain: Distributors and/or supply chain specialists to the aerospace & defence market

· Composites: Developers, manufacturers and suppliers of advanced composite materials having innovative know-how, products or technologies.

· Have significant and profitable positions in growth markets

· Have an established reputation for excellent customer service with a high element of value-added content

· High quality operating management

· Bolt-on acquisitions to have a minimum revenue of £5 million

· Stand alone acquisitions to have a minimum revenue of £50 million

Target companies should be able to demonstrate how they can achieve high rates of growth in an environment where support and funding are actively provided from the centre.

Clive Snowdon
6 May 2008