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GETECH Group plc (GTC)

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Thursday 28 September, 2006

GETECH Group plc

Purchase of Property

GETECH Group plc
28 September 2006

28 September 2006

                    GETECH GROUP PLC ('GETECH' or 'the Company')


GETECH announces that it has exchanged contracts to purchase the freehold of
part of Elmete Hall, at Roundhay, North East of Leeds city centre. Completion is
anticipated by December 2006. The consideration on completion will be £2.5

The Company has outgrown its present facilities on the University of Leeds
campus and requires quality office space for its continuing expansion. The new
facilities will provide appropriate office accommodation for GETECH's future
growth.  It is intended that any excess space will be rented out on short-term


For further information, please contact:

Buchanan Communications          

Alastair Watson or Kelly-Ann French        01943 883990

[email protected] or [email protected]

GETECH Group Plc                 

Prof Derek Fairhead (Managing Director)    0113 343 5240

Colin Glass (Finance Director)             07831 258494

[email protected]

Notes to Editors

Company Background

GETECH is a profitable and cash generative oil services business specialising in
the compilation and analysis of gravity and magnetic data and in evaluating
petroleum systems within basins. GETECH licenses these data sets and
interpretation reports to major oil, gas and mining companies to enable these
companies to evaluate regional geology and thereby assist their exploration
strategies. GETECH has compiled one of the most extensive commercial libraries
of gravity and magnetic data in the world.

GETECH evolved in the mid-1980's from a Research Group headed by Professor Derek
Fairhead within the Department of Earth Sciences at the University of Leeds
(UK). In 2000, GETECH was spun out from the University as a separate company.

                      This information is provided by RNS
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