AGM Statement

M.P. Evans Group PLC


The  annual general meeting of M.P. Evans Group PLC  ("the Group") is being held
in  London  today.  The  following  statement outlining  an  update  on  trading
conditions  and  progress on the Group's oil-palm developments in  Indonesia  is
being given at the meeting by the chairman, Richard Robinow:-


1)   Current trading conditions

a)   Palm oil
     (i)  Prices
          Palm-oil prices have continued at robust levels in the first  part  of
          2008.  The average price (Rotterdam cif) for the first five months  of
          the  year  was  US$1,158 per tonne compared with US$660 for  the  same
          period  last  year.   The  Indonesian export tax  introduced  in  2007
          continues - with current prices at around US$1,200/tonne, the tax rate
          at this level is 20%.

     (ii) Crops
          The  crops of oil palm fresh fruit bunches up to the end of  May  2008
          from  the  majority-owned  estates (in both  Indonesia  and  Malaysia)
          amounted  to  66,200 tonnes (2007 60,000 tonnes). The crops  from  the
          associated companies for this period were 148,200 tonnes (2007 142,500
          tonnes).

b)   Australian beef cattle
     In Australia, welcome rainfall has recently been received both on Woodlands
     and  on  NAPCo's grass-fattening properties located in central  Queensland.
     Conditions   remain  dry,  however,  on  NAPCo's  more  northerly   breeder
     properties.  Cattle prices remain broadly strong, by historical  standards,
     and land values continue to escalate.


2)   New Indonesian oil-palm projects
     Progress  continues  on the new Indonesian oil-palm projects.   On  Bangka,
     over  2,000  hectares have been planted to date.  In East Kalimantan,  over
     4,500  hectares  have been cleared of which 2,700 are planted.   There  are
     some  2.3  million  seedlings in the nursery; sufficient  to  plant  12,000
     hectares.  It remains the board's long-term aim to own 70,000  hectares  of
     oil  palm and, to this end, continues to seek a further 20,000 hectares  of
     environmentally-suitable land for development.

3)   Disposals in Malaysia
     It  is  expected  that the sale of Sungei Kruit Estate -  for  a  total  of
     approximately US$22 million - will be completed by the end of 2008.  It  is
     estimated  that  the  unsold portion of Malaysian  assets  and  investments
     stands at a minimum of US$56 million.


4)   Prospects
     The board believes that, in view of ever-growing demand for vegetable oils,
     bio-fuels, food and protein, prospects remain very favourable and 2008 will
     prove to be another excellent year.



4 June 2008

Enquiries:

M. P. Evans Group PLC
Peter Hadsley-Chaplin, joint managing director    Telephone:  [phone]
Philip Fletcher, joint managing director

Hudson Sandler
Andrew Hayes                                      Telephone: [phone]
James White