BUSINESS AS NORMAL FOR SPARES DIRECT
February 27 2009.

Following the recent announcement that Robinsons Foundry had taken over the spare parts business of trade and retail specialist Suzuki parts supplier Spares Direct, Robinsons has been unable to secure the additional warehouse facilities required to house the £600,000 stock of spares and the two companies have now agreed not to finalise the buyout.

Spares Direct principle Derek Loan said, "We had effectively agreed the deal and were keen to make the announcement to the trade at the Expo in January. Unfortunately, Robinsons was unable to complete the warehousing arrangements it needed to house the stock and we agreed that it was probably in the best interests of both companies not to complete the deal at this time."

Business at Spares Direct premises at Harrow Road in London continues as before, with all contact details remaining unchanged.


Contact:
Spares Direct
861 Harrow Road
London NW10 5NH

Tel - 020 8969 0741

Web -
www.sparesdirect.co.uk