Disposal

Mercury Group PLC 12 June 2007 12 June 2007 Mercury Group plc ('Mercury' or the 'Company') Disposal of Telco Solutions Limited Mercury announces that it has sold the entire issued share capital of Telco Solutions Limited ('Telco') for a cash consideration of £85.000, payable in 10 equal monthly instalments of £8,500, commencing on 1 July 2007. Telco, the principal activity of which is acting as a building and property consultant, incurred an unaudited loss of £170,855 on turnover of £455,233 in the year ended 30 September 2006 and at that date had an unaudited deficit of net assets of £199,602. For the past two years Telco has been a cash drain on Mercury's resources and the sale will enable the Company to concentrate its cash resources on developing its core business, SMPA, the commercial property consultancy and estate agency. The proceeds of the sale of Telco will be used for working capital generally. Further enquiries: Mercury Group Plc Andrew Lovelady Tel: 020 7393 4000 John East & Partners Limited Tel: 020 7628 2200 David Worlidge/John East info@johneastpartners.com This information is provided by RNS The company news service from the London Stock Exchange

Companies

Medica Group (MGP)
UK 100

Latest directors dealings