Disposal

M.P. Evans Group PLC ("M. P. Evans")

               Sale of further Malaysian estate will raise £10.25m

                                                                  15 August 2007


M.P.  Evans,  a producer of Indonesian palm oil and Australian beef  cattle,  is
pleased  to announce that contracts have been exchanged with regard to the  sale
of Sungei Kruit Estate, which is located north of Kuala Lumpur, Malaysia.

The  consideration for the sale of the estate, which comprises  828.6  hectares,
will  be  RM72.28 million (£10.25 million) payable in cash upon completion.  The
sale  is  conditional,  inter alia, on the approvals of the  Foreign  Investment
Committee  and Estate Land Board of Malaysia. These are expected to be  obtained
within  approximately nine months, whereupon completion will be within a further
three months.

Since the decision by the Board, two years ago, to fund substantial expansion of
its  Indonesian  palm-oil  business  by a disposal  of  the  Group's  high-value
Malaysian plantation and property portfolio, considerable progress has now  been
achieved.  The  sale of Sungei Kruit Estate increases the total value  of  funds
raised to £38m.

In  the  meantime, the Group's expansion of its new Indonesian palm-oil projects
continues   apace,  whilst  opportunities  for  further  Australian  beef-cattle
investments are also being pursued.


Peter Hadsley-Chaplin, Joint Managing Director, commented:-

"We  are delighted to have achieved the sale of Sungei Kruit, following hard  on
the  heels of the recently-announced sale of Perhentian Tinggi Estate.  We  have
now  sold more than half of our Malaysian portfolio, in value terms, which means
that we are very well placed for our substantial Indonesian palm-oil expansion."


For further information, you are invited to contact any of the following:


M.P. Evans Group PLC                                 01892 516333
Peter Hadsley-Chaplin, Joint Managing Director

Hudson Sandler                                       020 7796 4133
Andrew Hayes
James White

Panmure Gordon (Broking) Limited                     020 7459 3600
Rakesh Sharma
Tom Nicholson