BUY BACK OF SHARES

19 December 2008

                   Personal Group Holdings plc (the Company)                   

                              BUY BACK OF SHARES                               

At the last Annual General Meeting AGM of the Company, held on 29 April 2008
the shareholders renewed the authority for the Company to be authorised to make
market purchases (as defined in Section 163 of the Companies Act 1985) of its
shares. The Company has today purchased 482,500 ordinary shares of 5p each
representing 1.58% of the issued share capital of the company, at a price of
210 pence per ordinary share.

These shares have been cancelled and the issued share capital of the Company
has now been reduced to 30,064,661 shares.

Contact: Personal Group Holdings Plc

John Barber, FD

Tel: [phone]

Cenkos Securities Plc

Stephen Keys

Tel: [phone]

Bankside Consultants

Simon Rothschild

Tel: [phone]