Issue of Equity

Infoserve Group PLC
15 June 2007

                                                                    15 June 2007

                              Infoserve Group plc

                         ('Infoserve' or 'the Company')

                         Placing of new ordinary shares


Infoserve Group plc (AIM: INFS), a leading online local search marketing
specialist, today announces the successful completion of a placing by WH Ireland
of 4,444,445 ordinary shares of 5p each in the capital of the Company ('Placing
Shares') at a placing price of 45p per Placing Share, raising £2.0 million
before expenses (the 'Placing').

The net proceeds of the Placing will be used to recruit and train additional
sales executives, and for the necessary support infrastructure, so that the
Company can target a greater number of customers.

Application has been made for the Placing Shares to be admitted to trading on
AIM. It is expected that admission will become effective and that dealings will
commence at 8.00 am on Thursday 21 June 2007.

Following the Placing, the Company will have a total of 19,073,441 ordinary
shares in issue and the Placing Shares will represent 23.3 per cent. of the
enlarged issued share capital of the Company.


For further information please contact:

Infoserve Group plc
Steve Barnes, Chief Executive                        Tel: [phone]

WH Ireland Limited
Richard Lindley                                      Tel: [phone]

Abchurch Communcations
Helen Spivey / Emma Johnson                          Tel: [phone]

WH Ireland, which is authorised and regulated by the Financial Services
Authority, is acting for Infoserve and no one else in connection with the
matters referred to in this announcement and will not be responsible to any
person other than the Company for providing the protections afforded to its
clients or for providing advice in relation to the matters referred to in this
announcement.  No liability is accepted by WH Ireland for the accuracy of any
information contained in this announcement.

This announcement does not constitute or form part of any offer or invitation to
sell or issue, or any solicitation of any offer to purchase or subscribe for any
securities.


Notes to Editors

Infoserve (AIM: INFS) is a leading online local search marketing specialist. The
Company was founded in 1999 with the vision of bringing buyers and sellers
together through online searches by combining detailed and accurate information
for a specific business sector or goods and services within a particular
location - or 'local search'.

Infoserve has a database of 3.5 million business records, which are listed
across a network of 280 websites and over 20,000 paying customers consisting
mainly of SMEs.

The network includes a portfolio of wholly owned business directories, such as
infoserve.com, and cityvisitor.co.uk, as well as specific industry websites such
as accountantlocal.co.uk and getmeadentistist.co.uk.  The Company also provides
white label local search functions to a number of major online partners,
including a Media Partner Network with customers such as The Daily Telegraph,
The Daily Mail and Mail on Sunday.  Other partners include a local search
service for Sky digital TV and Football League official club sites.
Collectively, these sites receive 34 million visitors per month.

In March 2007, the Company signed a multi-year deal with Yahoo! to become the
official Yahoo! Local advertising sales partner for the UK.

Headquartered in Leeds, the Company employs 200 staff and is listed on the AIM
market.



                      This information is provided by RNS
            The company news service from the London Stock Exchange