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Friday 05 October, 2007

Precision Tech.Group

Stmnt re Share Price Movement

Precision Technologies Group Ltd.
05 October 2007

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION





Response to share price movement



5 October 2007



Precision Technologies Group Limited ('PTG') notes the recent share price
movement in The 600 Group plc (the 'Company' or '600') and confirms that it
recently made an approach to the Board of 600 concerning the possibility of PTG
making an offer for the Company.



This approach has been rebuffed by the Board of 600, however, and there are
currently no negotiations or discussions taking place between PTG and 600.



PTG is considering its position and a further announcement will be made in due
course.



For further information:



Landsbanki Securities (UK) Limited

Mark Dickenson / Sindre Ottesen                       020 7426 9000



Dealing Disclosure Requirements



Under the provisions of Rule 8.3 of the Takeover Code (the 'Code'), if any
person is, or becomes, 'interested' (directly or indirectly) in 1% or more of
any class of 'relevant securities' of Precision Technologies Group Limited or of
The 600 Group plc, all 'dealings' in any 'relevant securities' of that company
(including by means of an option in respect of, or a derivative referenced to,
any such 'relevant securities') must be publicly disclosed by no later than 3.30
pm (London time) on the London business day following the date of the relevant
transaction.  This requirement will continue until the date on which any offer
becomes, or is declared, unconditional as to acceptances, lapses or is otherwise
withdrawn or on which the 'offer period' otherwise ends. If two or more persons
act together pursuant to an agreement or understanding, whether formal or
informal, to acquire an 'interest' in 'relevant securities' of Precision
Technologies Group Limited or The 600 Group plc, they will be deemed to be a
single person for the purpose of Rule 8.3.



Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of Precision Technologies Group Limited or The 600 Group plc by
Precision Technologies Group Limited or The 600 Group plc, or by any of their
respective 'associates', must be disclosed by no later than 12.00 noon (London
time) on the London business day following the date of the relevant transaction.



A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.



'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.



Terms in quotation marks are defined in the Code, which can also be found on the
Takeover Panel's website. If you are in any doubt as to whether or not you are
required to disclose a 'dealing' under Rule 8, you should consult the Takeover
Panel.


                      This information is provided by RNS
            The company news service from the London Stock Exchange