Update

9 December 2015

Sweett Group plc

("Sweett Group", the "Company" or the "Group")

Update

Further to its announcement on 2 December 2015, Sweett Group plc (AIM CSG.L), the international construction and property consultancy, confirms that today the SFO has charged the Company with an offence under section 7 (1) of the UK Bribery Act 2010 (failing to prevent an associated person bribing another to obtain or retain business for the company). As previously disclosed, this is in relation to two related contracts within the Middle East entered into in 2013 and does not attract a mandatory debarment from public sector tendering under EU/UK law.

Douglas McCormick, CEO of Sweett Group said:

"We welcome this development which brings closure on the Middle East legacy issues a step closer allowing the Group to progress unencumbered in the future. This is an important next step in the strategic turnaround of the business."

End

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