Disposal

M.P. EVANS GROUP PLC
(Producer of Indonesian palm oil and Australian beef cattle)


Sale of Malaysian estate

Further  to the announcement on 27 August 2007 that contracts had been exchanged
with  regard to the sale of Sungei Kruit Estate (829 hectares) for a total price
of  RM 72.28 million (approximately US$ 22.00 million), the board is pleased  to
announce  that  the  conditions in the agreement have  now  been  satisfied  and
completion is expected to take place at the latest by mid-October 2008.

Significant progress has been made to date in the board's strategy of  disposing
of  the  Group's Malaysian plantation and property interests in order to provide
the  funding, together with bank borrowings, for its continuing expansion within
the  Indonesian  oil-palm and Australian beef-cattle sectors. Of  the  estimated
total  value  of over US$ 135 million ascribed to the Group's Malaysian  assets,
US$  59 million has already been received in cash and, as referred to above, US$
22 million is expected to be received by mid-October 2008.

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

M.P. Evans Group PLC                     Tel:  [phone]
Peter Hadsley-Chaplin - Joint Managing Director
Philip Fletcher - Joint Managing and Finance Director

Panmure Gordon (UK) Limited              Tel: [phone]
Edward Farmer

Hudson Sandler                           Tel: [phone]
Hugo Jenkins


4 August 2008