Re Banking Facility

API Group PLC
21 September 2007



21 September 2007


                                  Announcement


The Board of API Group plc announces that it has identified a cash flow
shortfall solely in relation to its UK business, indicating that the current UK
banking facility limits will be breached in November 2007. The Board is
reviewing a number of options to resolve this issue including an indication of
financial support from one of its largest shareholders. The Board will make a
further announcement as soon as possible.


Ends


Enquiries

API Group plc                          01483 243 601/ 01625 858 700

Andrew Robertson


Financial Dynamics                     020 7831 3113

Tim Spratt / Nicola Biles



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