Acquisition

M.P. Evans Group PLC Purchase of Australian beef-cattle property, Springmount The board is pleased to announce that, further to the announcement made on 22 September 2006, the acquisition of the 7,581-hectare beef-cattle property, Springmount, for a total of A$9.27 million (approximately £3.7 million), has now been completed. The purchase has been financed by debt. Springmount adjoins the Group's existing beef-cattle and arable properties, Woodlands, Flinton and Baquabah. With the addition of Springmount, the aggregation now comprises some 31,000 hectares which will enable important economies of scale to be achieved. Australian beef-cattle prices have risen sharply in the past fortnight following some significant rainfall. By order of the board J F Elliott Company secretary 19 March 2007
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