Potential transfer of shares

RNS Number:9247V
Punch Graphix PLC
02 May 2007


This is a joint press release of Punch International N.V. ('Punch'), Punch
Technix N.V. ('Punch Technix') and Punch Graphix Plc ('Punch Graphix'). This
announcement and related materials do not constitute an offer to purchase or
sell nor a solicitation of an offer to purchase or sell shares and/or other
securities in the capital of any of Punch, Punch Technix or Punch Graphix.


                                 Press Release

          Potential transfer of Punch Graphix shares to Punch Technix


Sint-Martens-Latem (Belgium), Vijfhuizen (NL) and York (UK), 2 May 2007 - Punch,
Punch Technix and Punch Graphix jointly announce that Punch Graphix and Punch
Technix will evaluate the industrial and commercial synergies of a possible
combination of their respective businesses.

Punch is considering transferring all or part of its 92 per cent. shareholding
in Punch Graphix to Punch Technix in consideration for shares issued by Punch
Technix. Punch Technix will also consider offering existing shareholders of
Punch Technix the opportunity to subscribe for new shares issued by Punch
Technix simultaneously with the capital increase as a result of the contribution
in kind by Punch of shares it owns in Punch Graphix.

Punch Technix has mandated Petercam Corporate Finance as its financial adviser
to assist Punch Technix in its evaluation of this potential transaction and to
render a fairness opinion.

The potential transfer would be subject to regulatory approvals and to approval
of the respective Boards of Directors of Punch Technix, Punch Graphix and Punch
and the approval of Punch Technix shareholders.

It is intended that a conclusion will be reached regarding the potential
benefits of the proposed transfer within the coming months. An extraordinary
meeting of shareholders of Punch Technix is then intended to be convened no
later than July 2007.

The combination of the machine construction activities of Punch Technix with the
activities of Punch Graphix in the development, production and distribution of
graphical equipment for prepress and high-end digital colour printing systems
would create a vertically integrated technology group that draws together the
production and distribution of graphic systems.

It is believed that the result of this integration would be the creation of a
strong and profitable technology group, supported by a reference shareholder,
with a clear strategy for value creation. The proposed operation and the
resulting combination of complementary activities (including research and
development, procurement and administrative services) within one group would
also lead to significant economies of scale for Punch.


Punch International N.V.          Punch Technix N.V.          Punch Graphix Plc


For further information:


Punch International N.V.
Mr Wim Deblauwe, Chief Financial Officer
Tel: [phone]


Punch Technix N.V.
Mr Marc Maes, Secretary General
Tel: [phone]


Punch Graphix Plc
Mr Peter Tytgadt, Chief Financial Officer
Tel: [phone]


About Punch International

Punch is a knowledge and technology provider 'par excellence', empowering all
the companies within its group to create new technology that is marketable and
profitable. Punch will apply all its knowledge and experience, and use its
financial assets to help leverage potentially successful technology towards a
higher level of maturity. Punch strives to meet its customers' quality, costs,
delivery and service demands with total solutions and empowers its clients to
reach and surpass their goals and to establish a sustainable competitive
advantage within their markets and gain market share. This approach enables
Punch to continuously increase added value for its stakeholders: partners,
shareholders, clients, suppliers, and society. Punch - Empowering Technology.
Punch is listed on Euronext Brussels (PUN) and is part of the NextPrime index.

Website: www.punchinternational.com


About Punch Technix

Punch Technix combines many years of experience and advanced production
techniques with a strategic geographic presence and is therefore the ideal
partner for the development and production of equipment and machinery for
leading suppliers in the agro-food industry, the graphics industry, the medical
sector, and various other sectors. Its development and engineering divisions are
located in the Netherlands, supported by an ultra-modern production facility in
Slovakia. Moreover, Punch Technix is active under its own brand names: the group
produces automated milking systems for large and medium-sized dairy farms under
the RMS label. Punch Technix (PNX) is a listed company on the Euronext Amsterdam
Exchange.

Website: www.punchtechnix.com


About Punch Graphix

Punch Graphix provides innovative, competitive and environmental friendly
imaging and printing solutions for the global graphics industry. Under the
Xeikon brand name, Punch Graphix designs, develops and delivers high-end digital
colour printing systems, software and consumables for the commercial, document
printing and industrial markets. Under the basysPrint brand, Punch Graphix
designs, develops and delivers mid to high-end imaging systems for offset
prepress commercial markets. With a clear-minded focus on R&D, Punch Graphix is
solely dedicated to customer satisfaction and aims to deliver cost-effective
graphic excellence that goes beyond all expectations. Punch Graphix is listed on
the London AIM (PGX).

Website: www.punchgraphix.com



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