Acquisition(s)

CORSIE GROUP PLC                                

                             ACQUISITION OF KALOSS                             

   Corsie acquires UK leading distributor & wholesaler of health and beauty    
                                   products                                    

The Board of Corsie Group plc ("Corsie" or the "Company"), the AIM listed
specialist in the assembly and sale of products and services to the leisure
market, is pleased to announce that it has today acquired the business and
assets of Kaloss International Limited ("Kaloss"), a distributor and wholesaler
of health and beauty products, for a cash consideration of £434,000.

KEY POINTS

  * Kaloss marks Corsie's first acquisition since listing on AIM in June;
   
  * For the year ending March 2006 Kaloss delivered gross profits of £804,000
    on revenues of £1.4m;
   
  * Kaloss overheads absorbed within Corsie's Musselburgh operation;
   
  * Kaloss customer base stands at circa 450 accounts;
   
  * Robust health and beauty market; and
   
  * Acquisition reinforces Board's strategy of achieving growth through
    selective acquisitions of companies in the leisure market, which can be
    relocated and integrated into the existing overhead base.
   
Under the terms of today's acquisition, the final consideration will be
adjusted on a pound for pound basis to reflect any movement in the net asset
position at completion.

For the year ending March 2006 (taken from the unaudited management accounts)
Kaloss delivered a gross profit of £804,000 on revenues of £1.4m.

Kaloss is one of the UK's leading distributors and wholesalers of health and
beauty products. Kaloss has a diversified portfolio of products, including
health supplements, UV and non-UV tanning products. Kaloss has seen a strong
increase in its customer base and now has over 450 accounts.

Following the acquisition, Kaloss' business operations will be immediately
relocated to Corsie's Musselburgh headquarters, and will commence trading from
Tuesday 19 September. The Board expects the acquisition to be fully integrated
by 30November 2006.

Commenting on the acquisition, David Mathewson, Chairman of Corsie Group, said:
"This is an exciting bolt-on opportunity for the Corsie Group and is a further
step in implementing the group's strategy of becoming a major force in the
distribution of leisure and well-being products. The overheads of Kaloss will
belargelyabsorbed within the Group's Musselburgh operation."

Enquiries:

Corsie Group plcTel: 0131 653 0535

Richard Corsie MBE, Chief Executive

www.corsiegroup.com

City Financial Associates Limited Tel: [phone]

James Caithie

Bishopsgate Communications Ltd Tel: [phone]

Dominic Barretto

About Corsie Group plc

Corsie is a provider of products to the worldwide leisure market. Its business
operates in the UK and has customers in a number of geographical markets
including Europe, Canada, Hong Kong, Malaysia, Australia and New Zealand. The
business was founded by Richard Corsie in 1997 after he retired from the sport
of bowls and following the buyout of Douglas Kenn Limited and Worth Sports
Limited. Corsie operates from its headquarters in Musselburgh, near Edinburgh.

The Corsie Group is involved in the assembly and sale of products and services
to the leisure market. The Group consists of three operating divisions: Spa
Division, Surfaces Division and Sports Division. Within each division, the
Group is focused on achieving growth both organically, and through selective
acquisition of companies or businesses in the leisure market.

Information on Kaloss can be obtained at: www.kaloss.com