Holding(s) in Company

Cheerful Scout PLC
14 May 2007


14 May 2007

                Cheerful Scout plc ('Cheerful' or 'the Company')

                               Holding in Company

The Company was informed on 11 May 2007 that Reverse Take-Over Investments plc
is interested in 800,000 ordinary shares in the capital of the Company,
representing 8.16 per cent of the Company's issued voting share capital.


                                  * * ENDS * *


Contacts:

Gary Fitzpatrick Cheerful Tel: [phone]

Isabel Crossley St Brides Media Tel: [phone]

Mark Percy/ Liam O'Donoghue Seymour Pierce Limited Tel: [phone]






                      This information is provided by RNS
            The company news service from the London Stock Exchange
                XEFE