Placing & Additional Listing

For immediate release: 15 December 2005 Buckland Group Plc ('Buckland' or the 'Company') Placing and Additional Listing Buckland Group Plc, a leading manufacturer of spark ignition equipment for the gas appliances industry worldwide, is pleased to announce a placing of 200,000,000 Ordinary Shares of 0.001p each at a price of 0.1p ('Placing Shares'), raising £200,000. The funds raised will be used to provide additional working capital for the group. In addition, the Company has today issued 187,399,220 new Ordinary Shares of 0.001p in payment for services rendered to the Company and in conversion of short term debt. Application has been made for the new Ordinary Shares, together with the Placing Shares, totalling 387,399,220 to be admitted to trading on AIM and dealings will commence on 16 December 2005. The Company is in the process of transferring all its remaining UK manufacturing operations to its Bangkok facility, with completion of the final phase scheduled by the end of Q2 2006. Significant cost savings have already been achieved from the initial phases of this transfer and more substantial cost benefits are expected to be realised on completion of the transfer. Patrick Rogers, Chairman, commented, 'Today's funding marks an important turning point in the Group's progress, providing us with additional working capital to complete the transfer of all manufacturing operations to Bangkok. Once this integration has been achieved, the Group will benefit from greatly reduced labour costs and overheads, which in turn are expected to deliver significant enhancements in profitability and hence value to our shareholders.' For further information please contact Patrick Rogers, Chairman Buckland Group Plc Tel. 07711 420 702 Ben Simons Hansard Communications Tel. 020 7245 1100
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