Issue of Loan Notes

Immediate Release: 14 September 2006 BUCKLAND GROUP PLC ("Buckland" or the "Group") Issue of Loan Notes Buckland, the AIM listed manufacturer of gas ignition components, announces that it has completed a private placing of £ 125,000 of convertible loan notes (the "notes"). The notes, which are unsecured, pay interest at the rate of 12% per annum, are unlisted and are redeemable at par for cash on 31st March 2008 if not converted prior to that date. At the option of the note holders, the notes are convertible in whole or in part into Buckland 0.01p ordinary shares at the conversion price of 0.1p per share, at any time between 1st September 2007 and 31st March 2008. £ 92,500 of the notes have been subscribed by private investors and £ 32,500 have been subscribed by two directors of Buckland, being Patrick Rogers (Chairman) and Lee Sharples (Non Executive Director). The proceeds of the issue will be used to provide additional working capital for the Group following the transfer of all its manufacturing activities to Thailand earlier this summer. The directors of Buckland (other than the directors involved in the transaction) consider, having consulted with Seymour Pierce, that the terms of the transaction are fair and reasonable insofar as its shareholders are concerned. The Group's interim results for the six month period ended 30th June 2006 will be announced on 25th September 2006. Contacts: Patrick Rogers, Chairman Buckland Group Plc Tel. 077 11 420 702 Ben Simons Hansard Group Tel. 020 7245 1100
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