Acquisition

RNS Number:0409V
Global Health Partner PLC
18 April 2007


Global Health Partner plc ("GHP" or the "Company")
Acquisition of Leif Sward Ortopedi AB ("IFK")


GHP announces that it has today signed an agreement to acquire 100% of the
ordinary shares in IFK, the leading orthopaedic surgery and sports medicine
clinic currently operating at Carlanderska private hospital in Gothenburg. IFK
possesses a strong reputation for clinical excellence and is headed by the
internationally renowned Dr Leif Sward, physician to the England football team,
and also employs 3 leading orthopaedic surgeons.

Acquisition details

GHP has agreed to acquire 100% of the shares of IFK, for consideration of
approximately #1.0m cash and 3,958 shares in Gothenburg Medical Clinic AB
("GMC"), (28% of GMC). The purchase of IFK, from Dr Leif Sward and his team of
physicians, will be carried out through GHP's subsidiary, GMC, previously owned
100% by the Company.

In its latest financial statements for the 12 months to 31 December, 2006, IFK
had revenues of approximately #2.6m and an adjusted profit after tax of
approximately #220,000 on its accounting basis, translated at current rates of
exchange (SEK/#:13.56). IFK has no debt and pro forma gross assets were
approximately #890,000, of which cash and cash equivalents were #570,000. The
acquisition is expected to be completed within a couple of weeks.



IFK/GMC

IFK operates under contract for all services within Carlanderska private
hospital in Gothenburg. The clinic has a leading reputation for excellence in
orthopaedic and sports medical surgery operating both on contracts from the
Gothenburg council VGR and privately with insurers. The clinic is owned by the 4
surgeons, who have signed lock in arrangements, and has 5 additional staff.

The IFK and GMC clinics will form a subgroup in the orthopaedic service line
with the same ownership structure; GHP will own 72% of the subgroup and the IFK
surgeons will own 28%. The operations of IFK and GMC will be consolidated within
GMC's operating facilities and within a new clinic situated in the centre of
Gothenburg. These will provide a lower cost, fully equipped, surgical
environment for the IFK surgeons, who will take control of both the GMC and the
new clinic's operations. Ann-Sofi Lodin, previously head of Capio AB's Nordic
operations, has been appointed as head of the orthopaedic and sports medicine
service line to implement these changes and the integration and development of
the combined clinic.

Commenting on the proposed acquisition, Per Batelson, Chairman and Chief
Executive of GHP, said:

"I am delighted by the acquisition of IFK which we have long seen as the key
next step to develop our position in orthopaedic and sports medical surgery in
the Gothenburg market, following our initial acquisition of GMC. I welcome Dr
Leif Sward, Dr Lars Carlsson, Dr Ulf Nordenson and Dr Lars Regner to the
Company. Their commitment to clinical excellence is internationally known and
exactly in line with the ethos of Global Health Partner. Considerable work lies
ahead to integrate successfully the operating practices of IFK and GMC and to
develop the culture of the merged business, but the combination of IFK's
reputation for surgical excellence and GMC's operating capacity is potentially
very strong."

CONTACTS:



Per Batelson, GHP CEO: 00-46-3116-7890 or: 00-46-705-955700
James Thornton, GHP Company Secretary: 020-7665-1833


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

ACQIRMMTMMBBTJR