Revised Banking Facility

SMG PLC
10 April 2007


Announcement of Revised Banking Facility

SMG plc ('SMG') announces that it has finalised negotiations on an amended
banking facility of £193m with its syndicate of lenders, led by Royal Bank of
Scotland.

The new arrangements represent an amendment of SMG's existing facility,
including revised covenants, and an increase in interest margin of 0.75%. The
facility lasts until 30 September, 2008. The amended facility waives the
covenant test that had been in place at 31 December, 2006.


Further enquiries:

James Hogan/Ash Spiegelberg
Brunswick
020 7404 5959




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