Issue of Equity

Sarantel Group PLC
06 June 2007


Sarantel Group PLC ('Sarantel' or the 'Company')


Placing


The Board of Sarantel is pleased to announce that further to its announcement
dated 18 May 2007, 21,300,000 new 'A' ordinary shares ('Placing Shares') have
been conditionally placed with its major shareholders at a price of 10p per
Placing Share raising approximately £2.1 million before expenses (the 
'Placing').

The Placing is conditional, inter alia, on shareholder approval at an
extraordinary general meeting of the Company, to be convened. An explanatory
circular containing details of the extraordinary general meeting will be sent to
shareholders as soon as possible.

In particular, it will be necessary to obtain a waiver from the Panel on
Takeovers and Mergers (the 'Panel') from the obligation of the principal
shareholders (who have conditionally agreed to subscribe under the Placing) to
make a mandatory cash offer for the Company under Rule 9 of the City Code on
Takeovers and Mergers ('Rule 9') that would otherwise arise as a result of their
increased interests in the Company's shares following the Placing.  This will
also involve the approval by the Panel of the circular to shareholders, setting
out details of the proposals and seeking the approval of the proposals
(including the waiver of the application of Rule 9) by a vote of independent
shareholders on a poll at the extraordinary general meeting.

Further information on the background to and reasons for the Placing will be set
out in the explanatory circular. Shareholders will be kept informed of the
timing of the despatch of the explanatory circular.

The Board also announces that it expects to release its interim results for the
six months ended 30 March 2007 during the course of the week commencing 11 June.


For further information please contact:

Sarantel Group plc                                    Tel: [phone]
Geoff Shingles, Chairman
David Wither, Chief Executive

College Hill                                          Tel: [phone]
Carl Franklin / Ben Way

Ambrian Partners                                      Tel: [phone]
Tim Goodman



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