Delcam PLC: Related Party Transaction | Company Announcements

Monday 04 June, 2007

Delcam PLC

Related Party Transaction

Delcam PLC
04 June 2007


DELCAM PLC

RELATED PARTY TRANSACTION

Delcam plc ('the Company' or 'Delcam') announces that it has entered into a loan
agreement with Renishaw plc ('the Loan Agreement'). This is a related party
transaction as a consequence of Renishaw plc being a substantial shareholder in
the Company.  Under the Loan Agreement Delcam has advanced Renishaw plc the
principal sum of two million pounds from its cash deposits, for a period of 30
days. The principal amount plus interest calculated at 5.7 percent per annum is
to be repaid on 29 June 2007.

The Directors of Delcam, having consulted with its nominated advisers, Brewin
Dolphin Securities Limited, consider that the terms of the transaction are fair
and reasonable insofar as its shareholders are concerned.


For further information contact:

Delcam plc:
Hugh Humphries - Managing Director                    0121 766 5544
Kulwant Singh  - Finance Director                     0121 766 5544

Brewin Dolphin Securities Limited:
Ian Stanway                                           0121 236 7000

Biddicks

Katie Tzouliadis                                      0207 448 1000


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