Acquisition of Datacare Ltd

Mavinwood plc is pleased to announce the acquisition of Datacare Ltd which was completed on 6 September 2010.

This acquisition is in line with Mavinwood’s stated strategy of developing its data management activities and complements the existing Restore document storage business.

Datacare is a document storage company, specialising in innovative storage options primarily for the
pharmaceutical and health-related sectors. Datacare currently employs 30 staff based at Upper
Heyford in Oxfordshire. It was purchased from Mears plc for cash consideration of £1.155m funded
from existing bank facilities. In the year to 31 March 2010 Datacare recorded operating profit of
£183,000 on turnover of £1.8m. Net assets at completion are forecast to be £500,000.

Commenting on this acquisition, Charles Skinner, Chief Executive of Mavinwood plc, said:
“This acquisition adds to Mavinwood’s critical mass in our core data management activities and the
Board believes will increase the profitability of the group. Datacare fits well with our document storage business providing it with increased geographic coverage and diversifying its customer base, particularly in the pharmaceutical sector. We believe that significant cost savings will arise post acquisition which will increase its profitability. This is the first step in our strategy to grow our business through acquisitions as well as organically. It reinforces the attractions of Mavinwood plc as a stable company with excellent growth prospects."

For further information, please contact:

Mavinwood:
Charles Skinner, Chief Executive Tel: 07966 234 075

Cenkos Securities:
Nicholas Wells / Elizabeth Bowman Tel: 020 7397 8900

Threadneedle Communications:
John Coles Tel: 020 7653 9848