Result of EGM

Advanced Medical Solutions Grp PLC 5 March 2002 For Immediate Release: 5 March 2002 Advanced Medical Solutions Group plc Result of Extraordinary General Meeting ('EGM') Shareholders reject requisitioned resolution At today's EGM, shareholders of Advanced Medical Solutions Group plc ('AMS') resoundingly rejected the resolution, proposed by a nominee of Advanced Value Realisation Company Limited ('AVRC'), to put AMS up for sale. Commenting on the outcome of the EGM, Dr. Geoffrey Vernon, Chairman of AMS said: 'We are pleased with this result and look forward to moving ahead with the business. The Board believes that the outcome is a vote of confidence in its stated strategy to take AMS to break-even within current cash, thereby creating a solid financial platform on which to accelerate growth. Management will continue to forge deeper relationships with AMS' blue chip partners and focus on the higher margin, advanced woundcare market. The Board is confident in its ability to build a substantial, profitable company.' - ENDS - Contact: Advanced Medical Solutions Group plc Tel: +44 (0) 1606 863500 Don Evans, Chief Executive Mary Tavener, Finance Director www.admedsol.com Robert W. Baird Tel: +44 (0) 20 7488 1212 Shaun Dobson / Tim Richardson Buchanan Communications Tel: +44 (0) 20 7466 5000 Nicola How / Fergus Mellon This information is provided by RNS The company news service from the London Stock Exchange
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