PIA Pilat Tech.

    Pilat Technologies International Ltd                      

                              Potential Disposal                               

Pilat Technologies International Ltd ("PTI" or the "Company") announces that on
12 June 2008 the Company received an offer from an international company
operating in the Company's field of activities, to purchase full control of the
Company's subsidiaries operating in Europe, Pilat Europe Limited, and North
America, Pilat (North America) Inc. ( the "Offer").

Under the terms of the Offer, the consideration for the whole of the share
capital of the two subsidiaries would be between US$7.17 million and US$8.67
million, dependent on the financial results of the subsidiaries.

The Company's board of directors will discuss the Offer and consider whether it
reflects appropriate value for shareholders. There is no certainty that the
sale of the subsidiaries will take place and the subsidiaries are continuing
their activities as usual.

In the event that the terms of a sale are agreed, completion would be subject
to the approval of shareholders in accordance with AIM Rule 15 as the disposal
would result in a fundamental change of business for the Company.

A further announcement will be made in due course.

Enquiries:

Pilat Technologies International Ltd                        00 972 3 7679 200
Jonathan Berger                                                              
                                                                             
Hanson Westhouse Limited                                        0113 246 2610
Tim Feather / Matthew Johnson                              



END

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Pilat (LSE:PIA)
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부터 6월(6) 2023 으로 6월(6) 2024