Issue of Equity

Driver Group plc 31 March 2006 Driver Group plc (the 'Company') Issue of equity The Company announces that it has raised approximately £750,000 via a placing of 1,027,397 new ordinary shares of 0.4p each ('Ordinary Shares') at 73p per share. This placing will be used to support the development of the Company. Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 5 April 2006. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue and increase the number of Ordinary Shares in issue to 24,232,874. Following this placing, Unicorn AIM VCT I Series 2 and Unicorn AIM VCT II, funds under the management of Unicorn Asset Management Limited, will hold in aggregate 1,027,397 Ordinary Shares, which represents 4.24% of the Company's enlarged issued Ordinary Share capital. For further information, please contact: Steve Driver, Driver Group plc Tel: 0870 873 7878 David Youngman, WH Ireland Limited Tel: 0161 832 2174 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Driver Group (DRV)
UK 100

Latest directors dealings