AVG Avingtrans Plc

    Embargoed: 0700hrs 20 June 2006

                                Avingtrans plc                                 

                        ("Avingtrans" or the "Company")                        

        Acquisition of majority stake in Sigma Precision Components Ltd        

Avingtrans, a leading designer, manufacturer and supplier of critical
components and services to worldwide industries, is delighted to announce the
acquisition of a 75% interest in Sigma Precision Components Ltd ("Sigma")
through the purchase of 300,000 new Sigma shares at a price of �1 per share.
Sigma provides a range of services to aerospace and high technology markets
and, with the injection of new funds into the business, is poised to accelerate
the scale of its operations in China. Avingtrans will lend its expertise in the
precision engineering sector as well as supporting Sigma through ongoing
investment in capital equipment.

Sigma was founded in 2004 by two widely experienced aerospace professionals who
saw an opportunity to create a business from the globalization into emerging
markets of the $7 billion aerospace precision components market. Throughout
their first year of operation Sigma provided consultancy services from its
offices in the UK and China and now, with the benefit of customer commitment
and investment support from Avingtrans, will establish a 40,000 sq. ft.
precision component manufacturing facility in Chengdu, China.

Sigma's launch customer for the manufacturing facility, which is expected to be
operational before the end of this year, is UMECO plc who have already publicly
stated their confidence in Sigma's ability to meet their high requirements in
terms of quality and delivery.

Ken Baker, Chairman of Avingtrans, commented,

"We are delighted to have acquired a majority interest at a time when Sigma is
being transformed from a consultancy based group, employing four people, to a
larger scale, Far East, manufacturing business that should become an important
financial contributor to the Avingtrans group."

For further information, please contact,

Ken Baker, Chairman

Steve Lawrence, Managing Director

Avingtrans plc

Tel. 01159 499 020

Ben Simons/Adam Reynolds

Hansard Communications

Tel. 020 7245 1100

Notes to Editors

Avingtrans plc is a UK-listed company providing design, manufacture and supply
of critical components and associated services, to manufacturing markets
throughout the UK, Germany and North America. Listed on AIM, Avingtrans had a
turnover of �24m to 31st May 2005. See www.avingtrans.plc.uk

UMECO plc is a leading international provider of value-added distribution
services and composite materials primarily to the aerospace & defence,
automotive, motorsport, and wind turbine industries. Listed on the London Stock
Exchange, UMECO had turnover of �242.4 million in the year to 31 March 2005.
See www.umeco.com

Sigma Precision Components Ltd. is a provider of a range of services to
aerospace and high technology markets. Having offices in the UK and China it
delivers a range of services including low-cost sourcing guidance, development
into emerging markets and component sourcing. During 2006 Sigma will establish
a precision component manufacturing capability at it's 40,000 sq. ft. facility
in Chengdu, China. See www.sigmacomponents.com



END

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