Update

GruppeM Investments PLC
10 August 2006


For immediate release

10 August 2006


                            GRUPPEM INVESTMENTS PLC
                     (LSE: GRP, 'GruppeM' or the 'Company')

         Change of accounting reference date and update on transaction



GruppeM today announces, in accordance with Rule 17 of the AIM Rules, that it
has changed its accounting reference date from 31 July to 31 December.


GruppeM is in the final stages of agreeing terms for an acquisition within the
motor retailing sector in China, in-line with the Company's investing strategy.
The Directors expect to announce terms for the proposed acquisition, which would
represent a reverse takeover under the AIM Rules and be subject to
shareholders'approval, by the end of September 2006.


The Company expects that, on publication of an admission document in respect of
the reverse takeover, suspension of trading in the ordinary shares on AIM will
be lifted.


END


For more information please contact:



GruppeM Investments PLC

Kenny Chen/Paul McIlwaine

Tel: [phone]



Shore Capital and Corporate Limited

Alex Borrelli

Tel: [phone]


Further information on GruppeM Investments PLC can be found on the Company's
website: www.gruppemplc.com.


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