MEG Mice Grp.

RNS Number:7754X
Mice Group PLC
05 June 2007


 
                                MICE Group Plc
                            Statement re suspension

The Board of MICE Group Plc ("the Company") announces that following the trading
updates made on 26 April and 14 May 2007, the Company is engaged in ongoing
discussions with its lenders with a view to the lenders making a limited amount
of new money available to the Group. In the meantime discussions are also
ongoing with a number of parties that might be interested in providing
additional funding to the Group although these discussions are at an early
stage. The Board is concerned that the Company would have insufficient funds to
continue trading unless such additional funding from interested parties can be
secured in the short-term. The Board has therefore requested that trading in its
shares be suspended until the Company's financial position can be clarified.

                                 - ends - 


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