Company Profile For Danka Business Systems PLC

Danka Business Systems PLC (Danka) was an independent providers of document solutions, including office imaging equipment, software, support, and related services and supplies in the United States. Danka’s revenue was generated from two primary sources: new retail equipment, supplies and related sales, and service contracts. During the fiscal year ended March 31, 2008 (fiscal 2008), retail equipment, supplies and related sales accounted for approximately 45% of its total revenue. On June 27, 2008, the Company completed the sale of its United States operating subsidiary, Danka Office Imaging Company (DOIC). Pursuant to a stock purchase agreement (as amended, the Stock Purchase Agreement), dated as of April 8, 2008, among Danka, Danka Holding Company and Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), the Company sold its United States operations to Konica Minolta in a sale of all the outstanding capital stock of DOIC.

BRIEF: For the nine months ended 30 December 2008, Danka Business Systems plc reported no revenues. Net loss from continuing operations decreased 88% to $5.3M. Revenues reflect the Company has sold its operation. Lower loss reflects the presence of provision for future losses, a significant decrease in finance costs, the absence of loss on early extinguishment of debt and the presence of release of provision for future finance costs.