Update re Report & Accounts

Medsea Estates Group PLC
30 April 2008


                            MEDSEA ESTATES GROUP PLC

                          Update re Report & Accounts

Medsea Estates Group PLC announces that there has been a delay in finalising its
2007 Report and Accounts and that a release date will be notified in due course.


For further information:

Medsea Estates Group plc
Tony Gatehouse, Chairman                               Tel: [phone]
Juan Carlos Rodriguez Martinez, Chief Executive                                  


HB Corporate
Edward Hutton /Imran Ahmad                             Tel: [phone]
                                                                    

Media enquiries:
Threadneedle Communications
Alex White/Josh Royston                                Tel: [phone]
                                                          


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