Announcements

RB Press release - 27/11/2000
Reckitt Benckiser to acquire Indonesian Pest Control Business

Reckitt Benckiser, the world's number one household cleaning company, announced today that it has agreed, subject to contract, to acquire the companies comprising the Mosquito Coil Group (MCG) in Indonesia from P.T.Holdiko Perkasa. MCG is the market leader in the growing pest control market in Indonesia with its Tiga Roda brand. MCG had net revenues in 1999 of £26m.

The agreement is still subject to contract, regulatory approval and satisfaction of a number of outstanding conditions. The purchase consideration will be IDR 686 billion (approximately £52m at today''s exchange rate) including the assumption of local debt.

Commenting today, Bart Becht, Chief Executive Officer said,

"The Mosquito Coil Group provides Reckitt Benckiser with a substantial and profitable business in Indonesia, the third most populous country in Asia. It will give us a strong platform for entry into this key market while substantially strengthening our worldwide presence in pest control, a key company category."

For Further Information

Tom Corran
SVP Investor Relations & Corporate Communications
Tel: + 44 1753 746 548 Fax: + 44 1753 746 415