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Penmc PLC (PNC)

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Monday 02 April, 2007

Penmc PLC

Statement re. Suspension

Penmc PLC
02 April 2007



                                                                    2 April 2007



                           Penmc plc ('the Company')



                          Suspension to trading on AIM



Pursuant to AIM Rule 15, Penmc plc has today had its shares suspended to trading
on AIM as the Company has still not fulfilled its investment strategy as
disclosed in the preliminary results. In accordance with the preliminary results
announcement made on 27 February 2007, the shares will continue to be suspended
for 6 months as of today and in the event that the strategy is still
unfulfilled, the Company's listing on AIM will be cancelled on 3 October 2007.


                                     ---ends---




Enquiries:



Penmc plc                07802 391 404
Stuart Mollekin




Zeus Capital             0161 831 1512
Alex Clarkson










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