Update

Harrier Group PLC 02 June 2006 Harrier Group plc ('Harrier' or the 'Company') Update Suspension The Company's shares were suspended from trading on AIM at 7.00am on Friday 2 June 2006 under Rule 8 of the AIM Rules. The listing on AIM of the Company's shares will be cancelled with effect from 7.00am on 4 December 2006 if it has not undertaken a reverse takeover by that date. Update The Board is pleased to announce that Harrier is currently negotiating with a potential acquisition. The Company has been in discussions with the target since January of this year and both parties have agreed the broad parameters of a proposed transaction. Advisers have been instructed and subject to satisfactory due diligence and shareholder consent we anticipate the enlarged entity being re-admitted to AIM in the third or fourth quarter of this year. Such a transaction will represent a reverse takeover under the AIM Rules and accordingly, when appropriate, a new AIM Admission Document will be published and the ordinary shares will recommence trading on AIM. The Company will update shareholders when further information becomes available. Enquiries: Bob Morton 01926 632 713 Chairman This information is provided by RNS The company news service from the London Stock Exchange
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