Transaction in Own Shares and Issue of Equity

18 October 2011

Cyril Sweett Group plc (the "Company")

Transaction in own shares and Issue of equity

The Company announces that it has today purchased 100,000 ordinary shares of 10 pence each in the Company, at a price of 25 pence per share. The purchased shares have been allotted as part of the tranche 2 liability relating to the acquisition of Padgham & Partners Pty Limited and its subsidiary company, Padghams Cost Management Private Limited.

The Company also announces that application has been made to the London Stock Exchange for the admission to trading on AIM of 29,241 new ordinary shares of 10 pence each in the Company ("New Shares").

The New Shares, issued at a price of 48.45 pence per New Share, have been issued pursuant to the tranche 2 liability relating to the acquisition of Padgham & Partners Pty Limited and its subsidiary company, Padghams Cost Management Private Limited.

The New Shares will rank pari passu in all respects with the Company's existing ordinary shares and dealings are expected to commence on 24 October 2011.

Following Admission, the Company's enlarged issued share capital will comprise 66,311,199 ordinary shares with voting rights. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares in the Company with voting rights will be 66,311,199. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information, call:

Cyril Sweett Group plc 020 7061 9053

Danielle Pass, Company Secretary

Arbuthnot Securities Limited 020 7012 2000

Andrew Kitchingman

Paul Gillam

ENDS