Acquisition

M.P. EVANS GROUP PLC ("MPE" OR THE "GROUP")

                  Investment in new Indonesian oil-palm project


The  board is pleased to report that a memorandum of understanding has  recently
been  signed with a proposed Indonesian partner in relation to the  lease  of  a
minimum of 10,000 hectares of land in East Kalimantan. The land is close to  the
14,000-hectare  piece of land already leased by the Group, as  announced  on  10
July 2006. The land comprises heavily degraded forest and is deemed suitable for
oil-palm  development  in  terms of soil conditions, terrain  and  climate.  The
memorandum of understanding is subject, inter alia, to the Group's agricultural,
environmental and financial due diligence. It is proposed that, in  addition  to
the  10,000-hectare area, a smallholders' cooperative, comprising a  maximum  of
1,100 hectares of oil palm, will be established in the vicinity and this will be
managed by the Group.




By order of the board
J F Elliott
Company secretary
13 November 2006



Enquiries:
M. P. Evans Group PLC                    01892 516333
Peter Hadsley-Chaplin         Joint Managing Director
Philip Fletcher               Joint Managing Director

Hudson Sandler                          020 7796 4133
Andrew Hayes
James White