Closure of Middle East business ("MENA")

1 February 2016

Sweett Group plc

("Sweett Group", the "Company" or the "Group")

Closure of Middle East business ("MENA")

Sweett Group plc (AIM CSG.L), the construction and property consultancy, announces that the Board has resolved to close MENA and exit the region. This follows the Company's announcement on 2 December 2015 that it had decided to exit the Middle East as soon as reasonably practicable and was reviewing its options. This decision represents a further step in the delivery of the strategy set out in April 2015 and follows the sale of the APAC and India businesses in October 2015.

The Company intends, where possible, to service all existing contracts and, if necessary, will arrange for the orderly handover to local consultancies. Following the closure of MENA, Sweett Group now has operations in the UK, Ireland, France, Spain, Italy, the USA and Canada.

Further information will be provided at the time of the release in April 2016 of the Company's trading update for the year ended 31 March 2016.

End

Enquiries