Acquisition of W K Thomas companies by Casper Limited
11 January 2008

Casper Limited (Casper) today announces the acquisition of WK Thomas and Company Limited WK Thomas (Disposables) Limited and Marchant Thomas and Murrell Limited (together W K Thomas).

W K Thomas are leading distributors of packaging disposables and other non-food products to the airline airline catering and HORECA sectors in the UK. The businesses which have locations in Chessington and Selsey were acquired from members of the Thomas family in a private sale.

Casper is a privately held company founded in Manchester and acquired Industrial Supplies UK Limited in June 2006 and King UK Limited in January 2007. More information on Casper can be found at www.casperlimited.com

Christoph Sander Chief Executive of Casper said: I have known the Thomas family for some time and have admired W K Thomas for its long history tradition and unmatched reputation for providing exceptional service to its customers. We are excited at the opportunity to develop W K Thomas further under Casper ownership and very pleased that Michael Thomas and Antony Thomas will continue with the business in order to ensure a smooth transition to Casper ownership.

Peter Crown who has been a Director of W K Thomas for 20 years has today been appointed Managing Director and will be responsible for the day-to-day running of the businesses. I would like to congratulate him on this appointment on behalf of everyone at Casper

Michael Thomas said: This step required long deliberation on our part: W K Thomas has been family owned since 1929 and we are extremely proud of our position delivering unrivalled expertise and service to a very demanding market. In the end the agreement reached with Casper will we genuinely believe benefit staff customers and suppliers the management of Casper will add resources and expertise to W K Thomas to provide existing and new clients with a truly unique partner.

For further information please contact:Christoph Sander Chief Executive Casper Limited:T: 07976 878308;

E: csander@casperlimited.com

Michael ThomasT: 0208 391 2211E:

mht@wkthomas.co.uk ::: ENDS :::

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