Sale of interest in Plymouth Lift project

19 September 2012

Sweett Group plc

("Sweett Group" or "the Group")

Sale of interest in Plymouth Lift project

Sweett Group, the international property and infrastructure consultancy, announces that it has completed the sale of its 19% stake in Lift Investments Limited (Plymouth Lift) to JV UK Company Limited. The sale, for a total consideration of £700,000 in cash, is part of the Group's strategy to capitalise on the value of its existing PFI investment portfolio in order to reinvest in the further development of its core business operations.

- Ends -

For further information:

Sweett Group plc Dean Webster, Chief Executive Officer +44 20 7061 9000Chris Goscomb, Chief Financial Officer Theo Kjellberg, Group Communications Manager

Westhouse SecuritiesTom Griffiths, Paul Gillam +44 20 7601 6100

FTI ConsultingBilly Clegg, Oliver Winters, Latika Shah +44 20 7831 3113

About Sweett Group

Sweett Group plc is a global business with expertise in property and infrastructure professional services. Our services include programme and project management, cost management, advisory and PPP/PFI investment.

We aim to forge long term, successful relationships with all stakeholders in the property and infrastructure industry. "Global knowhow, local delivery" is the essence of our business and our reach enables us to put global best practice to use in the local markets we serve.

www.sweettgroup.com