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Further re Lapse of Option

2nd Jun 2005 07:00

Mercury Group PLC02 June 2005 Mercury Group plc ("Mercury" or the "Company") Option to acquire Lee Baron Group Limited ("Lee Baron") Further to the statement made by the Company on 1 March 2005 regarding a calloption deed dated 1 March 2005 whereby Mercury has the right exercisable at anytime prior to 31 May 2005 to require the Lee Baron shareholders to enter into anagreed form sale and purchase agreement in respect of the entire issued sharecapital of Lee Baron, the Company announces that it has decided to allow theoption to lapse. Mercury continues to investigate further opportunities within the real estateindustry that fit within the Company's strategy. Enquiries:David J Williams, Chairman020 7422 6585 This information is provided by RNS The company news service from the London Stock Exchange

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