Grafton Group PLC - Acquisition Completed

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Grafton Group PLC - Acquisition Completed

RNS Number:0872A
Grafton Group PLC
2 November 1999


                              GRAFTON GROUP PLC                               
                                                                           
           ACQUISITION OF LATHAM TIMBER CENTRES (HOLDINGS) LIMITED            

Grafton Group plc announces completion of the previously announced acquisition
of Latham Timber Centres (Holdings) Limited, a timber and building materials
business with a turnover of Stg#13.7 million which trades from four locations
in South East England, following approval of the transaction by James Latham
plc shareholders.

For reference:                                               Michael Chadwick 
                                                           Executive Chairman
                                                            Grafton Group plc
                                                Telephone:(++353)(01)216 0600

                                                                   Joe Murray
                                                           Murray Consultants
                                                Telephone:(++353)(01)661 4666

                                                               Ginny Pulbrook 
                                                       Citigate Dewe Rogerson 
                                               Telephone:(++44)(0171)282 2945

This statement is also available on our website www.graftonplc.com.

END
ACQUBGAPGBGBGMG

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