Statement re. Suspension

Premier Management Holdings PLC
03 May 2006

3 May 2006

Premier Management Holdings plc (the 'Company')

Statement re suspension


The Company notes the movement in its share price today and is pleased to
announce that it is presently in discussions with Yacht Fuel Services Ltd which
may or may not lead to a transaction that would be classified under the AIM
Rules as a reverse takeover.  As a result the Company has requested that the
London Stock Exchange suspend the Company's securities from trading on AIM with
immediate effect.


Yacht Fuel Services, which was established in 1989, is a specialist company
providing the global supply of marine fuels and lubricants to Superyachts.  It
offers advice and information on bunkering matters and arranges the supply of
high quality fuel and lubricants directly to the yacht at any of 2,000 ports
around the world at duty-free prices where applicable, giving its clients an
immediate saving on operating costs.


Further announcements will be made as appropriate.


ENDS


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