RNS Number:2834O
Watermark Group PLC
04 August 2003

For immediate release: 4 August 2003


                              Watermark Group plc

                           Completion of Acquisition


Further to the announcement made on 21 July 2003 by Watermark Group plc 
("Watermark"), the provider of support services to the international travel
industry, Watermark today announces that it has completed the acquisition of
Media on the Move Limited, a company distributing newspapers and magazines to
the airline industry.



For further information please contact:
John Caulcutt, Chief Executive                     Rosie Brown
Crispin Quail, Finance Director                    John West
Watermark Group plc                                Tavistock Communications
Tel: 01489 897800                                  Tel: 020 7600 2288
e-mail: info@watermarkplc.co.uk                    e-mail: rbrown@tavisock.co.uk




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