Issue of Equity

Braemar Group PLC
27 March 2007


Braemar Group plc ('Braemar or the Company')


Issue of Equity


Braemar Group plc announce that they have issued 178,571 new Ordinary Shares of
1p each with voting rights ('Ordinary Shares') at 2.8p per share under an
agreement for research services dated 24 January 2007. Application has been made
for the new Ordinary Shares to be admitted to trading on AIM and dealings are
expected to commence on 30 March 2007.


The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
in issue and bring the enlarged issued share capital following the issue to
113,973,571.


For further information please contact:-



Martin Robinson, Chairman, Braemar Group plc           0161 929 4969

Marc Duschenes, Chief Executive, Braemar Group plc     0161 929 4969

Alex Clarkson, Zeus Capital                            0161 831 1512


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