Vesuvius Regulatory News (VSVS)

16 Apr 2008 15:00

Cookson Group PLC16 April 2008 16 April 2008 SALE OF CARBON BONDED CERAMICS BUSINESS OF FOSECO Cookson Group plc ("Cookson"), a leading materials science company, announcesthat it has today completed the disposal of the Carbon Bonded Ceramics business("CBC") of Foseco plc ("Foseco") to companies owned by RHI AG ("RHI"). On 11 January 2008, it was announced that a conditional agreement had beenentered into to sell CBC to RHI to expedite anti-trust clearances. Followingthe acquisition of Foseco by Cookson on 4 April 2008 and confirmation from theEuropean Commission and the United States Department of Justice that this salesatisfies the condition concerning CBC included in the anti-trust clearancesobtained on 4 March 2008, the sale of CBC to RHI has now been completed. CBC had revenue of approximately £19 million for the year ended 31 December 2007and gross assets of approximately £8 million as at 31 December 2007. - Ends - For further information please contact: Shareholder/Analyst EnquiriesCookson Group plc Mike Butterworth, Group Finance DirectorTel: +44 (0)20 7822 0000 Anna Hartropp, Investor Relations Manager Media EnquiriesHogarth Partnership Ltd John OlsenTel: +44 (0)20 7357 9477 Anthony Arthur This information is provided by RNS The company news service from the London Stock Exchange