Issue of Equity

Delling Group PLC 14 December 2007 For Immediate Release 14 December 2007 DELLING GROUP PLC (DLG.L) The AIM-listed marketing support services group Re: £2.1 million Placing Delling Group PLC ('Delling' or 'the Company'), the AIM-listed integrated marketing support services company, announces that it has raised £2.1 million before expenses by way of a placing of 34,652,900 new Ordinary Shares ('Placing Shares') at a price of 6 pence per Ordinary Share (the 'Placing'). Bjart Dysthe, who is already a substantial shareholder in the Company, will subscribe 16,666,667 Placing Shares in the Placing. Following completion of the Placing, Mr Dysthe will hold 53,190,444 shares in the Company representing 26.3 per cent. of the issued voting share capital. Additionally the pension fund of Tine, the Scandinavian dairy products group, will subscribe 5,583,333 Placing Shares in the Placing. Following completion of the Placing, the pension fund will hold 18,833,333 shares in the Company, representing 9.3 per cent. of the issued voting share capital. These shares are held in the name of MP Pensjon. The Company is also in advanced discussions regarding the issuance of £750,000 of loan notes. The negotiations are expected to be concluded shortly at which point a further announcement will be made. The net proceeds of the Placing will be used to strengthen the balance sheet and to improve the Delling Group's working capital position, which should allow it to obtain better terms of trade with its suppliers. The Directors believe that improving the terms of trade, coupled with the bulk purchasing power that the Group enjoys by virtue of its size, together with reducing supplier debt interest, will contribute positively to the Group's profit improvement plan that has been implemented throughout 2007. Application has been made for the admission of the Placing Shares to trading on AIM. The Placing Shares will rank pari passu in all respects with the existing Ordinary Shares in the Company and trading of the Placing Shares is expected to commence on 20th December 2007. The total number of Ordinary Shares in issue following the Placing will be 202,104,606. Aksel Bratvedt, Executive Chairman of Delling Group commented: 'I am pleased that the Group has been able to raise finance in what is currently a very challenging market, which indicates the strength of the Group and our business concept. The funds raised will strengthen the balance sheet and should yield tangible results in terms of reducing the supplier interest charge and obtaining more favourable pricing and terms of trade from our suppliers, and I look forward to seeing those benefits in 2008.' Contact: Delling Group Plc Aksel Bratvedt, Executive Chairman Tel: 0207 484 5663 James Robinson, CFO Tel: 0207 484 5664 Geir Lolleng, CEO Tel: +46765276024 www.dellinggroup.com Adventis Financial PR Tarquin Edwards Tel: 020 7034 4758/07879 458 364 Nabarro Wells & Co Limited - Nominated Advisor Hugh Oram Tel: 020 7710 7400 City Capital Corporation Limited - Broker David Kent Tel: 020 7583 5800 Notes to Editors Delling Group is a leading supplier of marketing support services for marketing and communication departments throughout The Nordic countries. Delling manages all fields of graphic support in many different forms and formats including trade fairs, exhibitions and interactive digital solutions for the web, mobile telephone marketing solutions, motion media for flat screens, plasma or LCD. It also supplies IT solutions which support and increase the efficiency of both marketing and information departments. However, its major strength is that the Group can deliver complete turnkey solutions, tailor-made for its customers' every need. Delling also offers outsourcing solutions that can substantially save costs and improve efficiency. The Group's major activities are today concentrated in the Norwegian and Swedish markets, however, it is quickly expanding into other Nordic areas, as well as having customers and production facilities in Eastern Europe. It also has well respected suppliers as far a field as China and Thailand. Delling Group currently has 130 employees. It is rapidly developing its organisation by focusing on supplying its customers with the quality they demand, delivered on time at the right price. Central to its philosophy lies the fact that its customers will obtain greater effects and efficiency for every pound they invest in marketing and information. The Group is growing strongly, both through development of existing clients and the establishment of many new relationships, together with acquiring companies that enhance and further develop its business concept. Delling's goal is within the course of the next two years, through both satisfied customers and recommendations, to be the largest company in the field of marketing support services within the Nordic countries, and a significant player within Eastern Europe. In October 2004 it was the first Scandinavian business to be listed on the Alternative Investment Market, the London Stock Exchange's international market for smaller growing companies. This has given Delling the access it needs to capital funds needed to maintain and strengthen the further development of the Group. ENDS This information is provided by RNS The company news service from the London Stock Exchange
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