Director/PDMR Shareholding

Avesco Group plc ("Avesco" or the "Company")

Director's shareholding in the Company

Further to the Company's announcement of 13 January 2012 relating to the pledge of ordinary shares in Avesco ("Shares") by Taya Investment Company Ltd ("Taya") and its subsidiaries, the Company was notified on 30 July 2012 by Taya of the release on 27 July 2012 of the pledge of 4,500,000 of these Shares.

This release results in 1,500,000 Shares continuing to be pledged by Taya to Bank Leumi UK as collateral for a loan.

The Company was also notified on 30 July 2012 by Taya of a transfer on 30 July 2012 of 5,967,878 Shares from Taya to Taya Communications Ltd, a 100% controlled subsidiary of Taya.

Taya's, together with its subsidiary's, total holding in the Company, which is registered in the name of Chase Nominees Limited, remains in total unchanged at 7,607,878 Shares which represents approximately 29.9% of Avesco's total voting rights.

Ami Giniger, a non-executive director of Avesco, is the Chairman and controlling shareholder of Taya. Taya retains control of the voting rights attached to the pledged Shares and remains the beneficial owner of the pledged Shares.

For further information please contact:

Avesco Group plc 01293 583400

Richard Murray, Chairman

John Christmas, Finance Director

finnCap 020 7220 0500

Ed Frisby/Rose Herbert, corporate finance

Brian Patient/Victoria Bates, corporate broking