Acquisition

CareCapital Group plc
02 April 2007


For release at 0700h, 2nd April 2007





                              CareCapital Group Plc
                                        
                        ("CareCapital" or "the Company")

                                        
                Investment and Development Programme in Germany
                                        
                          Second Acquisition Completion


CareCapital Group Plc, the healthcare real estate company that listed on AIM in
August 2006 (CARE), announces that it has acquired its second major medical 
facility situated to the South East of Berlin as part of its initial €35 million 
investment and development programme in Germany.

The investment, at an acquisition cost of € 4.2 million, is a 2,850 sq m 
medical facility housing 25 tenants including consultants, an orthopedic 
rehabilitation unit, a pharmacy and other healthcare related retailers.

The acquisition includes an adjoining development site, acquired at a nominal 
cost, on which the development of an additional 1,000 sqm medical facility is 
to be commenced immediately.

The net rental yield is 7.9% and is expected to be enhanced by the additional
development on the adjoining site.


                                     -ends-


For further information please visit www.carecapital.co.uk or contact:

Paul Stacey, Managing Director    Lindsay Mair, Director -           Simon Hudson,
Shareen Courtney, Marketing       Corporate Finance                  Richard Sunderland
                                                             
CareCapital Group Plc             Daniel Stewart & Co. Plc           Tavistock Communications

Tel: [phone]                Tel: [phone]                 Tel: [phone]
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