CPS Cpl Resources Plc

RNS Number:0986Q
CPL Resources PLC
25 January 2007

                               CPL RESOURCES PLC

                                  Acquisition

CPL Resources plc, Ireland's leading employment services group, today (25
January , 2006) announced the acquisition of 75% of share capital of Key 6
Business Solutions s.r.o. from the founder, Enda OCoineen' s through his Mozart
Investment fund, managed by Kilcullen Kapital Partners.

Key 6 Business Solutions s.r.o. is a leading Czech Company registered in Prague
which in turn owns 100% of Key 6 Business Solutions s.r.o established in the
Slovak Republic.

CPL wishes to expand and develop its business in the Central European Region
Key 6 Business Solutions currently has offices in  both the Prague and
Bratislava and the company's vision is to grow and develop as a dynamic
recruitment company in the Central European Region

This acquisition forms part of the ongoing development of CPL. Commenting on the
purchase, Anne Heraty, Chief Executive of CPL Resources plc said: "This
acquisition is an ideal fit with our overall strategy for growth and
diversification. It dovetails with our existing business in Poland and
complements our current suite of specialist recruitment companies. CPL Resources
has now made a number of small international investments. We are excited about
the opportunities to continue to deliver growth for our shareholders."

She added that by extending the international presence CPL are now even better
positioned to offer exceptional quality services to our valued clients,

In response to the acquisition, Enda O'Coineen for Kilcullen Kapital Partners
who will retain a share in the company, welcomed the acquisition while adding
that "Key 6 has a dynamic team and now with CPL, the company is ready to take
advantage of great opportunities in Central Europe".


25 January 2007




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