WHY White Young

RNS Number:5383B
White Young Green PLC
06 August 2007




For Immediate Release                                             6 August 2007





                         White Young Green Plc ("WYG")



            Acquisition of Independent Transport Consultants Limited



White Young Green ("WYG"), consultant to the built, natural and social
environment, today announces the acquisition of the entire issued share capital
of Independent Transport Consultants Limited trading as Savell, Bird and Axon 
("SBA") for an initial consideration of #18,000,000.



SBA is one of the UK's leading privately owned specialist transport
consultancies with offices in London, Manchester and Cardiff.  It provides high
level strategic advisory services to a blue chip client base spanning across the
private and public sector development industry, tackling vitally important
issues such as transport policy, travel plan initiatives, public transport,
traffic impact assessments, land use policy and masterplanning.



For the year ended 31 October 2006 the profit before taxation of SBA, as
extracted from the financial statements for that year was #2,735,850 on revenue
of #7,776,920.  The gross assets of SBA at 31 October 2006 were #3,703,498 and
net assets were #2,002,820 comprising fixed assets of #152,684, current assets
of #3,550,814, current liabilities of #1,689,171 and provision for liabilities
of #11,507.  In the current financial year to 31 October 2007 trading has
continued to be strong with SBA benefiting from ongoing positive market
conditions.



The consideration payable by WYG was #18,000,000 being #10,800,000 in cash and
loan notes and #7,200,000 satisfied by the issue of 1,661,858 ordinary shares ("
the Consideration Shares").  Application has been made for these Consideration
Shares to be admitted to the Official List of the UK Listing Authority and to
trading on the London Stock Exchange's market for listed securities. In
addition, further consideration (payable in ordinary shares and / or loan notes
at WYG's option) of up to a maximum of #4,000,000 is due if certain performance
criteria are met in the first year of trading under WYG's ownership.



All the directors of SBA have signed contracts of employment with the WYG Group.



Lawrie Haynes, Chief Executive commented:

"I am delighted that the directors and staff of SBA are joining White Young
Green.  High level transportation consultancy has been identified as
strategically important in the ongoing development of the Group and in SBA we
have acquired a market leader with an excellent reputation, strong client base
and fine prospects."



For further information contact:


WHITE YOUNG GREEN PLC                                       Tel: (0113) 2787111
Lawrie Haynes, Chief Executive Officer
Bob Hartley, Finance Director

BUCHANAN COMMUNICATIONS                                    Tel: (020) 7466 5000
Tim Anderson / Lisa Baderoon / Rebecca Skye Dietrich




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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