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Placing of existing shares

22nd Nov 2006 09:25

M. P. Evans Group PLC22 November 2006 22 November 2006 M.P. EVANS GROUP PLC (THE "COMPANY" ) Placing of existing ordinary shares Further to the announcement of 20 November, the board announces that yesterdayM.P. Evans Malaysia Sdn. Berhad (" MPEM " ) placed a further 259,049 existingordinary shares of the Company at 300 pence per share (the " Placing Shares " ).This represents the entire balance of its shareholding in the Company. The proceeds from the sale of the Placing Shares will be used to fund investmentin the Group' s new Indonesian oil-palm projects. Enquiries: M. P. Evans Group PLC Peter Hadsley-Chaplin, Joint Managing Director 01892 516333 Hudson Sandler 0207 796 4133 Andrew Hayes This information is provided by RNS The company news service from the London Stock Exchange

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M P Evans
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