Acquisition

M.P. Evans Group PLC  ("M.P. Evans" or "the Company")


M.P. Evans  is  pleased  to  announce that, through  a  wholly-owned  subsidiary,
M.P. Evans & Co. Limited ("MPE & Co"), an agreement  has been  signed  today  to
acquire,  for  cash,  another  5.31%  of its  Indonesian  associated  plantation
company, PT Agro Muko.  The cost of this investment will be US$7.31 million  and
the holding in PT Agro Muko will increase from 31.53% to 36.84%.

PT  Agro  Muko's  19,700 hectares of planted land (17,900  oil  palm  and  1,800
rubber) are located in the Bengkulu province of Sumatra, Indonesia.  The project
was started in 1988.

The  PT Agro Muko shares being acquired by MPE & Co are part of an agreement  to
purchase   the   14.42%  shareholding  held  by  the  two   development   banks,
International  Finance  Corporation (IFC) (7.21%) and Deutsche  Investitions-und
Entwicklungsgesellschaft (DEG) (7.21%).  These shares are being  purchased,  pro
rata  to  their holdings, by the three remaining shareholders, the SA  SIPEF  NV
Group,  PT  Austindo Nusantara Jaya and MPE & Co.  After the conclusion  of  the
share purchase, PT Agro Muko will be held as to 47.29% by the SA SIPEF NV Group,
36.84% by the MPE & Co and 15.87% by PT Austindo Nusantara Jaya.

18 March 2010



Enquiries:
M.P. Evans Group PLC                 Telephone [phone]
Peter Hadsley-Chaplin, chairman
Philip Fletcher, managing director
Tristan Price, finance director

Panmure Gordon                       Telephone [phone]
Edward Farmer
Rakesh Sharma

Hudson Sandler                       Telephone [phone]
Charlie Jack