Transfer of SIP Shares

Cyril Sweett Group plc (the "Company" or "Cyril Sweett")

2 July 2010

Transfer of Cyril Sweett SIP Shares

The Company announces that on 1 July 2010, the trusteeship of the Cyril Sweett Share Incentive Plan (SIP) reverted to Cyril Sweett Trustee Company Limited from Capita IRG Trustees Ltd.

To allow the change of trusteeship to take effect, on 1 July 2010, Capita IRG Trustees Limited transferred its entire holding of 10,051,080 ordinary shares of 10 pence each in the Company representing 17.2% of the issued share capital, to Cyril Sweett Trustee Company Limited for nil consideration.

Following this transfer, Cyril Sweett Trustee Company Limited holds 10,051,080 Ordinary Shares in the Company on behalf of the Cyril Sweett Share Incentive Plan (SIP), representing 17.2% of the issued share capital.

There is no change in beneficial ownership of the shares arising from this transfer.

For further information, call:

Cyril Sweett Group plc 0207 061 9053

Francesca Wilson, Company Secretary

Brewin Dolphin 0845 213 4730

Andrew Kitchingman

Sean Wyndham-Quin