Issue of Equity

Braemar Group PLC
01 February 2006


Braemar Group PLC
1 February 2006

                                        Braemar Group plc ('the Company')

                                           Placing to Raise £450,000
                                                Issue of Equity


The Company can confirm that it has raised an additional £450,000 (before expenses) by way of a placing of 15,000,000 
new ordinary shares of 1p each  ('Ordinary Shares') at 3p per share (the 'Placing'). Application has been made for the 
new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 7 February 2006. The new 
Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue and bring the enlarged issued share 
capital following the Placing to 113,795,000.

The funds raised will be used to provide additional working capital for the Group and in particular provide funds for 
the initiation of a Residential Property Collective Investment Scheme or Real Estate Investment Trust which would enable
the investment of SIPPS (Self Investment Personal Pensions) under the terms of new government leglisation.


Wheddon Limited have subscribed for 3,333,333 in the Placing taking their total
holding to 23,999,999 shares representing 21.09 per cent of the issued share
capital. Wheddon Limited is ultimately owned by Investec Trust (Guernsey)
Limited as Trustees for the Tchenguiz Family Trust.

For further information please contact:


Martin Robinson - Chairman                        Tel: [phone]
Marc Duschenes - Managing Director                Tel: [phone]
Alex Clarkson - Zeus Capital Limited              Tel: [phone]

Charles Ryland - Buchanan Communications          Tel: [phone]




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