Acquisition

RNS Number:5740C
Electric Word PLC
08 May 2006



8 May 2006



                               ELECTRIC WORD PLC


               SECOND ACQUISITION IN TWO WEEKS FURTHER STRENGHENS
                             PUBLIC SECTOR DIVISION




Electric Word plc, the specialist information publisher, announced today the
acquisition of the assets of Chris Kington Publishing (CKP), the award-winning
publisher of teacher resources in the fields of thinking skills and professional
development.


The initial consideration is #137,500 (#25,000 in cash and #112,500 through the
issue of 1.25m Ordinary shares in Electric Word plc). There is also a deferred
consideration based on future growth which is capped at #175,000. In the year to
30 June 2005 CKP broke even on sales of #120,875. As a result of the acquisition
Chris Kington, who is already a Director of Electric Word plc, will lead the
Public Sector division, working full time for the Group.


Chris Kington was the co-founder of Optimus Publishing, the education management
newsletter business that was acquired by Electric Word in 2000, and previously
led Longman's UK education business. He has also served on the Board of the
Ordnance Survey and is a past President of the Geographical Association.


Chief Executive Julian Turner commented: "CKP has a strong programme of products
in development, which will enhance our forward publishing list over the next two
years. Its list complements Electric Word's existing education management and
teacher resource publishing activities and database. The Company will also now
get the full benefit of Chris Kington's talents and energy and the deal will add
further impetus to the organic development of our education books business over
many years.


"Electric Word announced the acquisition of Incentive Plus Limited and Incentive
Plus Publishing Limited for the total cash consideration of #2.05m and CKP is
the second acquisition the Group has announced in the past two weeks."


As Chris Kington is an existing Director of Electric Word plc, the acquisition
of CKP is subject to the approval of shareholders. This approval will be sought
at an Extraordinary General Meeting to take place on 31 May 2006.


Application will be made for admission of the 1,250,000 new ordinary shares to
trading on AIM and dealings in the 1,250,000 new ordinary shares are expected to
commence on or about 5 June 2006.



                                      ENDS



Enquiries


Julian Turner, Chief Executive
Dominic Jacquesson, Director
Electric Word                                                      0207 954 3470

Kim Muckle/Tim Spratt
Financial Dynamics                                                 0207 831 3113




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