/C O R R E C T I O N — Norbar Torque Tools/

BANBURY, England - In the news release, “British Manufacturer Tightens Grip on International Export” issued on 22 Apr 2009 05:00 GMT, by Norbar Torque Tools over PR Newswire, we are advised by a representative of the company that the dateline city should read “BANBURY” and not “BUNBURY” as originally transmitted incorrectly. Complete, corrected release follows:

A glowing example of British manufacturing, Norbar Torque Tools in Banbury, has been honoured with the Queen’s Award for Enterprise: International Trade for its contribution to UK manufacturing exports. The family-owned business has become the world’s top specialist manufacturer of torque tools and this year celebrates 67 successful years. The award highlights a success story in a sector that has generally experienced decline.

Norbar equipment is used in diverse industries including manufacturing, sub-sea, aerospace, energy, mining, and oil and gas. In the past six years the Company has almost doubled overseas earnings from its worldwide markets and now exports more than 73% of its output. Norbar has distributors in over 60 countries as well as nine of its own sales and service branches around the world.

Philip Brodey, Sales & Marketing Director of Norbar said: ‘At a time when all we seem to hear about is doom and gloom, this award will be a real boost to our staff and also hopefully send a message out to other manufacturers that business is out there to be won.’ The award is not the only good news from Norbar as the GBP20m turnover firm is continuing to invest in production equipment, new business systems, sales channels and people.

Norbar Torque Tools is a third generation family business that has been trading since 1942 and is a national finalist in the 2009 Coutts Family Business Awards. The Company’s success is driven by a lean, agile culture together with continuous investment in equipment and people. This leads to consistently high quality and superior service, which is clearly appreciated throughout the world.

Source: Norbar Torque Tools

For further information please contact: - Philip Brodey, Norbar Torque Tools Ltd, Tel: +44(0)1295-270333, Fax: +44(0)1295-753609, E-mail: pbrodey at norbar.com. Or Neil Fullbrook, Fisher Marketing Limited, Tel: +44(0)1959-564987, Fax: +44(0)1959-565947, Email: neil at fishermarketing.co.uk.