Scheme of Arrangement

Comland Commercial PLC 13 September 2007 Comland Commercial Plc ('Comland Commercial' or the 'Company') Scheme of Arrangement timetable The Company confirms that the timetable for the Scheme of Arrangement is as follows: Latest time for lodging Forms of Proxy for: Court Meeting (blue form) 10.00 a.m. on 1 October 2007 Extraordinary General Meeting (white form) 10.15 a.m. on 1 October 2007 Voting Record Time 6.00 p.m. on 1 October 2007 Court Meeting 10.00 a.m. on 3 October 2007 Extraordinary General Meeting 10.15 a.m. on 3 October 2007 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 settlement 14 days after the Effective Date through CREST Latest date for dispatch of share documentation in 14 days after the Effective Date relation to MCF Holdings Shares Shareholders should note in particular that date for acceptance of Forms of Election has been extended to 12 October 2007 and that 12 October 2007 is anticipated to be the last day of dealings in, and for registration of transfers of, Comland Shares. Shareholders who hold their shares in uncertificated form should note that in order to elect for the Cash Plus Shares Alternative, they will need to complete the Form of Election and return it to Capita Registrars, so as to be received no later than 6.00pm on 12 October 2007. 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 7936 3000 Philip Secrett Colin Aaronson This information is provided by RNS The company news service from the London Stock Exchange
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