Hunter Douglas acquires Thomas Sanderson Blinds, UK

Hunter Douglas acquires Thomas Sanderson Blinds, UK Rotterdam, June 2 2003 - Hunter Douglas, the world market leader in window coverings, has acquired Thomas Sanderson Blinds, a Southampton, United Kingdom based window covering assembler, from ISIS Private Equity Partners plc, a UK private equity firm, and other investors. Terms were not disclosed.

Thomas Sanderson, a long standing Hunter Douglas customer, is specialized in marketing pleated blinds for conservatories, as well as awnings in the UK and Ireland. The company expects to have sales in 2003 of about GBP 40 mln and has 226 employees. Management will remain unchanged.

The acquisition is expected to strengthen Hunter Douglas’ position in the rapidly growing conservatory and awning markets in the UK and Ireland.

Hunter Douglas has its Head Office in Rotterdam, the Netherlands, and a Management Office in Luzern, Switzerland. The Group is comprised of a 153 companies with 64 manufacturing and 89 assembly operations in more than 100 countries. Hunter Douglas had sales in 2002 of EUR 1,692 mln and has about 14,800 employees.

The shares of Hunter Douglas NV are traded on the Dutch, Swiss and German Stock Exchanges.

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