Results of meetings

Comland Commercial PLC 03 October 2007 Comland Commercial Plc ('Comland ' or the 'Company') Results of Court Meeting, EGM and AGM At the Court Meeting held earlier today, shareholders holding 213,973 Comland shares, representing 51.5 per cent. of those eligible to vote, voted in favour of the resolution, with no votes against, to approve the Scheme of Arrangement first announced on 7 September 2007 ('the Scheme'). Accordingly the requisite majority of at least three quarters of those voting have approved the Scheme. At the Extraordinary General Meeting held earlier today, the resolution to apply for the cancellation of the Company's admission to AIM was also passed unanimously. Accordingly, application will now be made to the Court to sanction the Scheme. The Court Hearing is expected to take place on 12 October 2007 and cancellation of the Company's admission to trading on AIM is expected to take effect at 08.00 on 15 October 2007. The Scheme timetable is set out below. All resolutions were also passed at the annual general meeting of the Company held earlier today. Terms used in this announcement have the same meaning as those terms defined in the Scheme Document posted to Comland Shareholders on 10 September 2007. Enquiries: Comland Commercial Plc 01628 535 777 Chris Martin Grant Thornton Corporate Finance 020 7383 5100 Philip Secrett Colin Aaronson The Company confirms that the timetable for the Scheme of Arrangement remains as follows: The following dates are subject to change: Court Hearing (to sanction the Scheme) 12 October 2007 Last day for receipt of Form of Election 1.00 p.m. on 12 October 2007 Last day of dealings in, and for registration of transfers of Comland Shares 4.30 p.m. on 12 October 2007 Scheme Record Time 6.00 p.m. on 12 October 2007 Effective Date of the Scheme 15 October 2007 Latest date for dispatch of cheques and 14 days after the Effective settlement through CREST Date Latest date for dispatch of share 14 days after the Effective documentation in relation to MCF Holdings Shares Date This information is provided by RNS The company news service from the London Stock Exchange
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