Sale of businesses

Millfield Group PLC
26 June 2006

Millfield Group plc (the "Company")



Sale of businesses



The Directors of Millfield Group plc announce that binding heads of agreement
have been exchanged under which an option will be granted entitling the Company
to require the Money Portal Plc to purchase the assets of MPL and the issued
share capital of Sage Financial Services Limited for an aggregate consideration
of approximately £10.6 million of which £3.4 million is payable over the 12
months following completion, dependent upon certain performance milestones.



It is anticipated that administrators will be appointed of the Company and a
number of its subsidiaries tomorrow. Completion of the sale will require
approval by the Financial Services Authority.





Contacts:
Millfield Group Plc
Alan Easter                                           020 8604 2600

Financial Dynamics
Louise Dolan / Andrew Waterworth                      020 7269 7192










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