Acquisition

Volvere PLC
16 August 2006


Volvere plc
16 August 2006


Volvere plc ('Volvere' and 'the Company')

16 August 2006

Substantial Transaction

Volvere plc announces today that it has acquired 1,306,600 Ordinary Shares of
GBP4 each in NMT Group PLC ('NMT') representing 15% of the total issued ordinary
share capital of NMT, for an aggregate cash consideration of GBP653,297.
Following this transaction Volvere has an interest in 2,604,683 Ordinary Shares
in NMT, representing 29.9% of NMT's Ordinary Shares in issue.

NMT is an investing company listed on AIM.  For the year ended 31 December 2005
NMT's results showed a loss after tax of GBP1,364,000 on sales of GBPnil.  At 31
December 2005 NMT's net assets amounted to GBP5,895,000, of which cash
represented GBP6,090,000.

At the same time Volvere has disposed of its interest in a contract for
difference over 1,306,600 ordinary shares in NMT, and as a result the Company's
beneficial interest in NMT remains unchanged.


Enquiries
Volvere plc
Jonathan Lander

020 7979 7596



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