Acquisition

M.P. EVANS GROUP PLC ("MPE" or the "Group")


           Purchase of Australian beef-cattle property, "Springmount"



The  MPE  board  is  pleased  to announce that, earlier  today,  contracts  were
exchanged with regard to the Group's acquisition of Springmount for a  total  of
A$9.27  million  (approximately £3.7 million). The contract is conditional  upon
the  conversion of Springmount's land title from the existing pastoral lease  to
freehold.  This may take several months to be effected and therefore  settlement
may not occur until early 2007. The acquisition will be financed by way of debt.

Springmount comprises 7,581 hectares and is contiguous with the Group's existing
beef-cattle  growing properties, Woodlands and Flinton, the latter  having  been
acquired in March 2006, and which are located some 120 kilometres north west  of
Goondiwindi  in  Southern Queensland. It will be run in conjunction  with  these
properties,  with  the cattle being fed on a combination  of  grass  and  forage
crops. The enlarged aggregation will comprise 26,993 hectares.

As  with  Flinton, pasture and arable improvements on Springmount have,  by  and
large,  been  completed  and minor improvements to the  infrastructure  will  be
required.  The  pasture improvements on Woodlands have also been completed,  but
only  more recently, and will not be fully mature for another one to two  years,
depending upon the weather. By that time, assuming normal seasonal rainfall,  it
is  expected that a minimum of 15,000 head of cattle will be able to  be  turned
off each year from the aggregation. The increased area, which will be managed by
the  present  manager  of  Woodlands and Flinton, Michael  Wright,  will  permit
additional economies of scale to be achieved.

The   enlarged   aggregation  has  recently  been  valued  at   A$28.5   million
(approximately £11.4 million) and it is likely that this value will increase  as
the benefits are received from the recent pasture improvements referred to above
and as values for cattle properties generally in Australia continue to escalate.
The  aggregation  will be one of the largest of its kind in Southern  Queensland
and, as such, is likely to be all the more valuable.

The  Group's other investment in Australia comprises its 29.29% interest in  The
North  Australian  Pastoral Company which owns close to  200,000  head  of  beef
cattle. This shareholding has been acquired over the past two years at a cost of
A$35.7million (approximately £14.3 million).


By order of the board
J F Elliott
Company secretary
22 September 2006


Enquiries:

M.P Evans Group PLC                                 01892 516333
Peter Hadsley-Chaplin,  Joint Managing Director
Philip Fletcher,  Joint Managing Director

Hudson Sandler                                      020 7796 4133
Andrew Hayes
James White