Acquisition

Acquisition

Next Fifteen Communications Plc

Next Fifteen Communications Group plc

Acquisition of Additional 30% Stake in 463 Communications

Next Fifteen Communications Group PLC (“Next Fifteen”), the holding company for a group of global public relations consultancies, announces today that it has agreed to acquire an additional 30% stake in 463 Communications LLC (“463”), a corporate communications consultancy that provides senior-level counsel that help their clients create and execute issues-based campaigns that are disciplined and measurable. The business operates out of the US in Washington DC and Palo Alto.

The increased stake in 463 has been acquired from Tom Galvin, Jim Hock and Sean Garrett on a pro rata basis. The 30% purchase was valued at $2.1m with $1.4m to be paid in cash and the remainder to be paid in Next Fifteen shares. Next Fifteen continues to have an option to purchase the remaining 30% from the partners over the next several years as part of the buy/sell agreement executed in 2006. This acquisition increases Next Fifteen’s ownership in 463 to a majority position with a 70% stake. All three partners will remain with the business.

463 was created as a startup consulting business in 2005. In 2006, a partnership agreement was formalized whereby the 3 partners were granted a 60% equity stake and Next Fifteen held the remaining 40% of the equity. As a result of the strong growth and profitability of the business, 463 is now valued at $7m. As a result, Next Fifteen has acquired this stake of 30% for $2.1m, which equates to the total investment made in 463 over the life of the business.

For the year ended 31 July 2009, 463 had generated revenues of $3.79 million and profit before tax of $0.96 million.

The three existing partners and Next Fifteen entered into this partnership in 2006 and have witnessed continued strong revenue and profit growth since then and see excellent opportunities to continue to expand the business.

Tim Dyson, Chief Executive of Next Fifteen, said: “463 has been a valuable addition to the Next Fifteen family. Our collective vision when we formed this business was to create a high level consulting business, staffed by experienced practitioners who could consult on corporate and public policy issues affecting the technology industry. Three and half years later they have delivered on that vision and are playing an important role in helping major technology companies and industry bodies get their messages across to the relevant policy makers and business decision makers.”

For further information, please contact:

Next Fifteen Communications Group

Tim Dyson, Chief Executive

001 415 350 2801

David Dewhurst, Finance Director

07974 161183

Bite PR

Liam Jacklin

020 8735 9727

[e-mail]

Elijah Lawal

020 8735 9718

[e-mail]

Canaccord Adams

(Nominated Adviser)

0207 050 6500

Mark Williams / Henry Fitzgerald-O’Connor