Result of Equity Issue

Creston PLC 15 May 2006 Creston Plc ("Creston" or the "Company") Result of Placing and Open Offer On 20 April 2006, Creston, the diversified marketing services group, announced the proposed acquisitions of ICM Research Limited ("ICM"), Tullo Marshall Warren Limited and Colombus Communications Limited ("TMW Group") together with a Placing and Open Offer of 9,132,306 New Ordinary Shares at a price of 165 pence per New Ordinary Share to raise approximately £14.15 million (net of expenses). The Board is pleased to announce that, following the closing of the Open Offer at 3.00 p.m on 12 May 2006 valid applications have been received from Qualifying Shareholders for 914,528 New Ordinary Shares available for take up under the Open Offer by Qualifying Shareholders. This amount includes applications from certain existing shareholders for 39,729 Open Offer Shares in excess of their pro rata entitlement. All such applications will be settled in full. The remaining 2,217,778 Open Offer Shares not subscribed under the Open Offer will be subscribed, together with the Placing Shares, by institutional investors pursuant to the Placing. The Acquisitions and the Placing and Open Offer remain conditional, inter alia, upon the approval of the Company's Shareholders. The extraordinary general meeting, at which resolutions will be proposed inter alia to approve the Acquisitions and the Placing and Open Offer, is to be held today, 15 May 2006, at 11:00 a.m. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares and will rank in full for dividends and other distributions declared, made or paid after Admission. Application has been made to the UK Listing Authority for the New Ordinary Shares to be admitted to the Official List of the UK Listing Authority and to the London Stock Exchange plc for the New Ordinary Shares to be admitted to trading on the London Stock Exchange's market for listed securities. Subject to Shareholder approval at the EGM later today, it is expected that Admission will take place and dealings will commence in the New Ordinary Shares on Wednesday, 17 May 2006. Completion of the acquisitions of ICM and the TMW Group remains conditional upon Admission of the New Ordinary Shares becoming effective and is expected to take place on 17 May 2006. The definitions used in this announcement shall have the same meaning given to them in the Prospectus dated 20 April 2006. Enquiries Creston Plc 020 7930 9757 Don Elgie, Chief Executive Barrie Brien, COO & CFO Charles Stanley & Co. Limited 020 7953 2000 Mark Taylor Redleaf Communications 020 7955 1410 Emma Kane Notes to Editors About Creston plc • Creston's strategy is to build a diversified international marketing services group through a combination of organic growth and selective acquisitions. The Board's aim is to identify synergistic benefits between currently independent marketing services companies offering premium services such as market research, direct marketing, customer relationship marketing, advertising and other areas of marketing communications. About ICM Research Limited ("ICM") • The ICM Group is one of the UK's leading independent market research agencies. It has a diverse range of national and international clients including Vodafone, Wanadoo, Norwich Union, NOP, Dixon Store Group, Saga, BT Mobile, O2, Orange and Yorkshire Bank. The ICM Group is divided into dedicated sector and product teams including Technology, Retail and Financial as well as product teams such as Polling, Omnibus and Government and Social; • For the year ended 30 June 2005 ICM's turnover was £14.0 million and pre tax profits were £2.48 million; About Tullo Marshall Warren Limited and Colombus Communications Limited ("TMW Group") • The TMW Group is one of the largest independent direct marketing agencies in the UK. It has a diverse range of national and international clients across a number of sectors that includes British Airways, Diageo, COI, Lloyds TSB, Nissan, T-Mobile and Unilever. The TMW Group provides a range of direct market marketing services for its clients including strategic planning, creative and brand development and implementation of IT system design and build, with specialist expertise in growth areas such as digital marketing, data management and IT solutions; • For the year ended 31 December 2005, the TMW Group had aggregate turnover of £23.1 million and aggregate pre tax profit of £3.37 million. This information is provided by RNS The company news service from the London Stock Exchange
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