Byrne Group completed the buyout of Chorus Group Ltd. in July 2004. The move has been extremely well received in the market, giving Chorus the investment opportunity and financial stability to grow the company as well as the resources to manage larger projects.

Byrne Group Chairman, Patsy Byrne commented: “We are delighted to welcome Chorus Group to the Byrne Group Plc. Chorus, in our view, is one of the UK’s leading professional fit out and refurbishment firms. This addition presents significant opportunities for us to deliver a deeper breadth of services to assist clients with achieving their objectives.”

With a turnover of more than £130m and net worth of over £10m The Byrne Group Plc offered a very strong proposition to the Chorus management team.

Andrew Heaver, Managing Director of Chorus commented: “The fit out market has seen a significant structural change over the last few months. Through this Byrne Group initiative, Chorus can now offer clients and professionals all the financial reassurances they require. This, coupled with our experienced workforce and strong management team puts us in a position to significantly increase our market share throughout the interiors market.”

August 2005