Key Points:

* Purchase price $35m subject to executed documentation and due diligence

* Completion date expected to be mid January 2011

* Acquisition funded by cash and bank debt and $3.7m in shares

* Keddies is the largest personal injuries litigation firm in NSW

* Keddies Revenue $25m, EBIT $8m, approximately 120 staff

* Slater & Gordon to have an estimated personal injuries litigation market share of 20-25% nationally

* Slater & Gordon 2011 financial year revenue estimate of approximately $170m assuming Keddies completes in January 2011

* Slater & Gordon full year EBIT target of 26%

* Slater & Gordon Group total number of staff post acquisition approximately 1,100