New Bank Facility executed

Bodycote Plc, the specialist thermal processing company, announces that it has executed a new £110 million multi-currency revolving credit facility with existing relationship banks. This replaces the Group’s current £225 million facility which matures in August 2010.

The new facility reflects the Group’s funding requirements. It has a maturity date of 31 March 2013, unchanged covenants and is in addition to the Group’s Euro 125 million multi-currency facility.