RNS Number:4155K
PGI Group PLC
12 October 2006

PGI Group Plc

Recommended Proposal for the Reduction of the Share Premium Account of the
Company

Copies of the above documents that were posted to shareholders on 11 October
2006 have been submitted to the UK Listing Authority and will shortly be
available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No. (020) 7066 1000




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

END
DOCAKBKBKBDBAKD

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