CORPORATE UPDATE

CORSIE GROUP PLC                                

                          ("Corsie" or the "Company")                          

                               CORPORATE UPDATE                                

The Board of Corsie Group plc, the AIM listed specialist in the assembly and
sale of products and services to the leisure market, provides shareholders
today with a short update pertaining to the Company's website and two
historical leases.

In line with AIM Rule 26, the Company announces that it has now launched a
fully comprehensive Investor Relations section to its website. Visitors can
access the site at www.corsiegroup.com

Furthermore, an agreement has been reached on two historical leasehold premises
previously occupied by the Company. A formal deed of surrender has been
concluded on each of 15 Melbourne Court, Derby; and 9 Newhailes Industrial
Estate, Musselburgh; resulting in a £328,000 (non cash) one off gain, which
will improve the balance sheet in this financial year.

The Board continues to work on a number of opportunities to execute its focused
distribution strategy and to maximise the capacity of the Company's new
facility in Haddington.

Commenting, Richard Corsie, CEO, said: "It is pleasing to enhance the Company's
balance sheet on the back of these two leaseholds. Separately, the Company has
been highly active since it floated on AIM last year; and current and potential
shareholders can continue to follow the progress made via the newly formed IR
pages on our site. The Board looks forward to updating all shareholders with
further progress in due course, and expects to publish its interim results for
the six months to 30 June 2007 on 31 August 2007."

Enquiries:

Corsie Group plc Tel: [phone]

Richard Corsie MBE, Chief Executive

www.corsiegroup.com

City Financial Associates Limited Tel: [phone]

James Caithie

Bishopsgate Communications Ltd Tel: [phone]

Dominic Barretto

Jenni Herbert