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2 ergo Group plc (MXCP)

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Tuesday 03 May, 2005

2 ergo Group plc

Share Buy Back

2 ergo Group plc
03 May 2005


Embargoed until 7am 3 May 2005



                                2ergo Group plc
                           ('2ergo' or 'the Company')

                                 Share Buy Back

Following approval of the share buy back agreement (the 'Agreement') by the
Company's shareholders at the Annual General Meeting of the Company held on 7
April 2005, the Company is pleased to announce that 718,182 ordinary shares of
1p each in the issued share capital of the Company were purchased on 29 April
from Michael Kilgannon pursuant to the Agreement and that the said shares are to
be held in treasury.

Following this purchase of shares, Michael Kilgannon now holds 1,781,818
ordinary shares of 1p each, representing 6.3 per cent of the Company's issued
share capital (excluding shares held in treasury). The Company also holds a
further option over Mr Kilgannon's remaining shares at a price of 110p per
share. The Company holds in treasury a total of 718,182 ordinary shares of 1p
each.

The shares were purchased at a price of 110p per share, which the Board believes
represents excellent value for shareholders. Placing these shares into treasury
will enable the Company to use them to facilitate future transactions without
diluting existing shareholdings. The Board also expects the buy back to improve
the Company's earnings per share.

                            
                                     -ends-

For further information, please contact:

2ergo group                                             01706 221 777
Neale Graham, Joint MD
Barry Sharples, Joint MD

Tavistock Communications                                020 7920 3150
Christian Taylor-Wilkinson
Paul Dulieu



                      This information is provided by RNS
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