Offer Document Posted

Volvere PLC 12 October 2006 Not for release, publication or distribution in, into or from the United States, Canada, Australia, South Africa or Japan For immediate release 12 October 2006 Recommended Offer by Volvere plc ('Volvere') for the whole of the issued ordinary share capital of NMT Group PLC ('NMT') not already owned by Volvere plc Further to the announcement made on 14 September 2006 of an offer ('the Offer'), to be made by Volvere, for the whole of the issued ordinary share capital of NMT not already owned by Volvere, the Volvere Board announces that the Offer Document, Equivalent Document and Form of Acceptance relating to the Offer are being posted to NMT Shareholders today. Volvere has received irrevocable undertakings to accept (or procure the acceptance of) the Offer in respect of an aggregate of 1,760,343 NMT Shares, representing approximately 20.2 per cent. of NMT's issued ordinary share capital. These undertakings remain binding in the event of a higher offer. Volvere already owns 2,604,683 NMT Shares, representing approximately 29.9 per cent. of NMT's issued ordinary share capital. Volvere's existing shareholding, combined with the NMT Shares subject to irrevocable undertakings, represents in aggregate approximately 50.1 per cent. of NMT's current issued ordinary share capital. Copies of the Offer Document, the Equivalent Document (in relation to the proposed issue of Volvere Shares in connection with the Offer) and the Form of Acceptance (for use by NMT Shareholders in certificated form only) are available for collection, free of charge, during normal business hours from the registered office of Volvere plc, 9-11 Grosvenor Gardens, London SW1W 0BD and the offices of Dawnay, Day Corporate Finance Limited, 17 Grosvenor Gardens, London SW1W 0BD. As set out in the Offer Document, acceptances of the Offer should be received no later than 1.00 p.m. on 2 November 2006. Enquiries: Dawnay, Day Corporate Finance Limited Sandy Jamieson 020 7509 4570 Alex Stanbury 020 7509 4570 This announcement does not constitute an offer or invitation to purchase any securities or a solicitation or an offer to buy any securities, pursuant to the Offer or otherwise. Dawnay, Day Corporate Finance Limited which is authorised and regulated by the Financial Services Authority, is acting exclusively for Volvere and no-one else in connection with the Offer and will not be responsible to anyone other than Volvere for providing the protections afforded to clients of Dawnay, Day Corporate Finance Limited or for giving advice in relation to the Offer or any other matter referred to in this document. The issue of this announcement has been approved by the Volvere Board. The Volvere Directors are the persons responsible for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case) the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. Each of the Volvere Directors accepts responsibility accordingly. The Offer is not being made directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality (including, without limitation, facsimile transmission, telex, email and telephone) of interstate or foreign commerce of, or any facility of a national securities exchange of, the United States, nor is it being made directly or indirectly in or into Canada, Australia, South Africa or Japan, and the Offer cannot be accepted by any such use, means, instrumentality or facility or from or within the United States, Canada, Australia, South Africa or Japan. Accordingly, copies of this announcement, the Offer Document, the Equivalent Document, the Form of Acceptance and any related documents are not being and must not be, mailed or otherwise distributed, forwarded, transmitted or sent in, into or from the United States, Canada, Australia, South Africa or Japan and persons receiving this announcement, the Offer Document, the Equivalent Document, or the Form of Acceptance (including custodians, nominees and trustees) must not mail or otherwise distribute, forward, transmit or send it/them in, into or from the United States, Canada, Australia, South Africa or Japan. Doing so may render invalid any purported acceptance of the Offer. Further information for Overseas Shareholders is set out in the Offer Document. Any person (including, without limitation, any nominee, trustee or custodian) who would, or otherwise intends to, or who may have a contractual or legal obligation to, mail, distribute, forward or transmit this announcement, the Offer Document, the Form of Acceptance or any related documents to any jurisdiction outside the United Kingdom should read the relevant information in the Offer Document before taking any action. This information is provided by RNS The company news service from the London Stock Exchange

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Volvere (VLE)
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