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BRADFORDS ACQUIRES TOTEM TIMBER (ST AUSTELL) HOLDINGS LIMITED

On 1st May 2008, Bradford and Sons Limited acquired the issued share capital of Totem Timber (St Austell) Holdings Limited (“TT (St A) H Ltd”) and its subsidiaries.

TT (St A) H Ltd is a well-established builders merchants operating from a site at Daniels Lane, Holmbush, St Austell, Cornwall. At the Daniels Lane site, Totem Timber employs some 27 people (including part time staff). Totem Timbers business (trading as Totem Timber Limited) based at St Johns Road, Cattedown, Plymouth is not included as part of this acquisition and will continue to trade.

See the news section for more details.