AGM Statement

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 to strengthen to the current level  of
          around  US$850 per tonne (Rotterdam cif), the highest level  for  many
          years.  This represents an increase of over US$100 per tonne since the
          publication  of the 2006 results.  The Group has not sold forward  any
          of  its production and is therefore enjoying the full benefit of these
          current robust prices.

          Arrangements  are  in  place in Indonesia for  palm-oil  producers  to
          allocate a small percentage of their production of crude palm oil  for
          sale  locally at prices lower than the prevailing market price.   This
          is  aimed at preventing the escalation of the price of cooking oil  on
          the local Indonesian market.  There remains a risk that the government
          may introduce further measures to protect local consumers.

     (ii) Crops
          The crops of oil-palm fresh fruit bunches ("f.f.b.") from the majority-
          owned  estates (in both Indonesia and Malaysia) up to the end  of  May
          2007  were  60,000  tonnes compared with 84,600 tonnes  for  the  same
          period  last year - the latter included 14,500 tonnes from  the  three
          Malaysia  estates  which have since been sold.   The  crops  from  the
          Indonesian  estates  were  lower as a result  of  a  downturn  in  the
          cropping  cycle.  The f.f.b. crops from the associated  companies  for
          this  period  were 142,500 tonnes, compared with 139,600  tonnes  last
          year.

b)   Cattle
     In  Australia,  although conditions continue to be  dry  on  the  Woodlands
     aggregation and also on the properties owned by the 29.29%-owned The  North
     Australian Pastoral Company Pty. Limited ("NAPCo"), cattle prices and  land
     values remain strong.


2)   New Indonesian oil-palm projects
     Progress  continues  on the new Indonesian oil-palm projects.   On  Bangka,
     approximately  2,000 hectares have been planted to date and  another  1,500
     are  planned  before the end of 2007.  On Kalimantan, there  are  over  two
     million  seedlings  in  the  nursery (enough  to  plant  10,000  hectares).
     Clearing  has  started and, to date, 2,500 hectares have been prepared  and
     planted  with cover crops, ready for oil palms to be planted later  in  the
     year.   Clearing  will continue and the target is to plant at  least  4,000
     hectares in 2007.

     The  independent environmental report has now been received in  respect  of
     the  Kalimantan project.  The board is pleased that the report states  that
     the  land  is  in  compliance with the principles  and  objectives  of  the
     Roundtable on Sustainable Palm Oil (RSPO).

     The   board  continues  to  seek  up  to  a  further  20,000  hectares   of
     environmentally-suitable  land for oil-palm  production  to  enable  it  to
     achieve its ultimate target of establishing 70,000 hectares.

3)   Disposals in Malaysia
     In  Malaysia,  negotiations are on going with regard to  the  sale  of  the
     Group's  remaining  land  and investments.  Since the  publication  of  the
     annual  report,  the Penang tourist development property  company,  Straits
     Beach Properties Sdn. Bhd., has been sold for RM5.85 million (approximately
     £850,000).

4)   Workers' strike in Sumatra
     The  dispute with the workers on Pangkatan and Sennah Estates has now  been
     heard  by  the Industrial Court in Medan.  The court found in  the  Group's
     favour.   The hearing in respect of Bilah Estate is expected to take  place
     within the next two weeks.


7 June 2007


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