TIDMJSG 
 
RNS Number : 1036E 
Johnson Service Group PLC 
15 December 2009 
 

15 December 2009 
Johnson Service Group PLC 
Disposal of Certain Business Assets and Maintenance Contracts of 
Workplace Engineering Limited 
 
 
As previously reported, the three major divisions of the Group are performing 
satisfactorily in what continues to be a difficult market. As part of 
management's ongoing review and rationalisation of the business, the Group 
announces that it has, with effect from 30 November 2009, disposed of certain 
business assets and maintenance contracts of Workplace Engineering Limited to 
MSS Facilities Ltd, a wholly owned subsidiary of Managed Support Services PLC. 
Initial consideration on completion was GBP0.2 million in cash, with additional 
consideration of up to GBP0.1 million to be received on the satisfaction of 
certain post completion matters, adjusted for certain movements in working 
capital. 
 
 
Workplace Engineering provided mechanical and electrical engineering maintenance 
services for a range of customers. In addition it engaged in project work for 
new build. Following the disappointing performance of the Workplace Engineering 
business in the first half of 2009, when Workplace Engineering reported an 
operating loss of GBP0.5 million, management undertook a detailed review of the 
business. The number of available new projects had reduced significantly during 
2009 and as no projects were in progress this division of Workplace Engineering 
was closed.  Workplace Engineering focused on its maintenance division but 
continued to operate at a loss in a market which is particularly challenging. 
As a result, management decided to exit from this business stream and focus on 
its three key divisions. 
 
 
It is intended to report the results of Workplace Engineering as a discontinued 
operation for the full year 2009. 
 
 
The total loss from discontinued operations is expected to be some GBP4.3 
million, comprising the trading loss to 30 November 2009 of approximately GBP1.5 
million, reorganisation and closure costs of approximately GBP1.2 million and 
goodwill write off of GBP1.6 million. The total cash effect of the 
reorganisation and closure costs is anticipated to be approximately GBP0.7 
million of which GBP0.3 million remains to be expended. 
 
 
Overall, the textile rental, facilities management and drycleaning divisions 
within Johnson Service Group PLC are continuing to trade in line with 
expectations. A pre-close statement will be issued during week commencing 4 
January 2010. 
 
 
Enquiries: 
+--------------+--------------+ 
| Johnson      |              | 
| Service      |              | 
| Group        |              | 
| PLC          |              | 
+--------------+--------------+ 
| John         | Yvonne       | 
| Talbot,      | Monaghan,    | 
| Executive    | Finance      | 
| Chairman     | Director     | 
+--------------+--------------+ 
| Tel:         | Tel:         | 
| 01928 704600 | 01928 704600 | 
+--------------+--------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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