Re Joint Venture

Pennant International Group PLC
10 March 2005


10 March 2005

PENNANT INTERNATIONAL GROUP PLC

Pennant Signs French Joint Venture

Cheltenham based Pennant International Group plc, a leading supplier of
technology solutions to the defence and industrial sectors, is linking up in a
50-50 joint venture with one of France's leading technical publications support
companies, Sonovision-ITEP.

'This joint venture will help us to become a major European force in customer
services, including technical documentation and engineering support for the
aerospace and defence markets,' explains Chris Snook, Chief Executive of
Pennant.

Known as Pennant Sonovision-ITEP Limited, the joint venture company is a logical
progression from the teaming agreement signed between Pennant and
Sonovision-ITEP in 2003. This agreement was signed in response to the
requirements of European projects in the aerospace and defence sectors involving
French and UK companies and in particular, programmes for Airbus aircraft,
including the new A380. The joint-venture company will be based at Filton,
Bristol, the UK HQ for Airbus.

Pennant International Group plc is quoted on the Alternative Investment Market
(AIM) of the London Stock Exchange.

Sonovision-ITEP is a privately owned French company with its headquarters in
Paris and numerous operations throughout France. It is one of the main technical
publications groups with 850 employees and a turnover in excess of 60 million
euros.

For further information please contact:

John Waller, Group FD, Pennant 01452 714 914
Ken Rees/Philip Parkes, Binns Winningtons 0117 920 0092
Barrie Newton, Rowan Dartington 0117 925 3377



                      This information is provided by RNS
            The company news service from the London Stock Exchange