Ekf Diagnostics Regulatory News (EKF)

24 Oct 2006 07:15

Embargoed: 0715hrs 24 October 2006 INTERNATIONAL BRAND LICENSING PLC INTERNATIONAL BRAND LICENSING PLC ANNOUNCES NEW AGREEMENT WITH RAJAN GROUP PLC International Brand Licensing Plc ("IBL") announces that it has signed anexclusive three year apparel licensing agreement with the Manchester basedRajan Group for its Admiral brand in the UK and Republic of Ireland. Theinitial launch will be for spring 2007 with minimum guarantees during the termof ‚£295,000 with further royalties being payable should Rajan's wholesalerevenues exceed the minimum guarantees.Tony Hutchinson, IBL's Chief Executive, comments: "We are delighted to haveconcluded this agreement with the Rajan Group. As a leading supplier to many ofthe key UK and Irish retail groups, Rajan has extensive resources and powerfultrade relationships upon which to leverage the Admiral brand.Rajan will add a new dimension to Admiral in terms of building a strongpresence on the high street in mainstream sports fashion for the first time inthe brand's history."Admiral is the official kit supplier to the England & Wales and West IndiesCricket Boards, as well as Leeds United Football Club.For further information contact:International Brand Licensing PlcTony Hutchinson: 0041 79 468 9450Adam Reynolds: 020 7245 1100ENDINTERNATIONAL BRAND LICENSING PLC