Stmnt re Share Price Movement

Sarantel Group PLC
03 May 2007


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

Statement re share price movement

The Board of Sarantel notes today's movement in its share price.

The Company can confirm it is currently in advanced discussions with its major 
existing investors on a fundraising to meet its ongoing working capital needs.

The Company will make a further announcement in respect of these discussions as 
soon as possible.

For further information please contact:

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

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

Ambrian Partners
Tim Goodman                                    Tel: [phone]


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