Restoration of Trading

Mercury Group PLC
13 February 2007

                                                                13 February 2007

                               Mercury Group plc
                          ('Mercury' or the 'Company')

                             Restoration of Trading

Further to the suspension of trading in the Company's ordinary shares on 18
January 2007, the Company announces that it has created a loan note instrument
constituting £1,000,000 of Unsecured Loan Stock 2012 ('ULS') and has issued
£500,000 of ULS. The Company has received binding commitments to subscribe for
up to a further £500,000 of ULS at the Company's option up until 31 July 2007.
The subscribers for the issued and committed ULS include Pendana Limited
('Pendana'), an investment company which is ultimately owned by the Tchenguiz
Family Trust, Ethel Austin Investment Properties Limited, a major shareholder of
which is Barry Owen and his family, Corrina Limited, a company owned by Paul
Whight, REIT Asset Management, a specialist investment, finance and asset
management partnership, and White Star Property Holdings Plc ('White Star'), a
property investment company quoted on AIM. The ULS are repayable on (or, at the
Company's discretion, before) 31 January 2012 and will bear an interest rate of
two per cent. over LIBOR per annum, payable three months in arrears except that
the first payment of interest will be on the date being 18 months from the date
of creation of the loan note instrument.

The directors of Mercury have undertaken to put a resolution before shareholders
(subject to approval by the Takeover Panel) at the next general meeting to be
held by the Company to enable the ULS to become convertible into new ordinary
shares of 1p each in the Capital of the Company (to rank pari passu in all
respects with the then existing ordinary shares of 1p in the capital of the
Company) at a conversion price of 1p per share at any time thereafter prior to
31 January 2012.

Pendana and White Star hold 23.6 and 10.27 per cent. of the issued share capital
of the Company, respectively. Under the AIM Rules, Pendana and White Star are
regarded as related parties as they both hold in excess of 10 per cent. of the
issued share capital of the Company. The independent directors of Mercury
consider, having consulted with John East & Partners Limited, that the terms of
the Loan Notes are fair and reasonable insofar as the Mercury shareholders are
concerned.

The directors of Mercury have requested that the London Stock Exchange restore
the trading in the ordinary shares in the Company with immediate effect.

The directors of Mercury are pleased to announce that George Kynoch, aged 60,
has been appointed as Non-Executive Chairman of the Company and that Brian
Basham, aged 63, and Andrew Lovelady, aged 51, have been appointed as
Non-Executive Director and part time Finance Director of the Company,
respectively, with immediate effect.

Walter Goldsmith, who has been the Non-Executive Chairman of the Company since
his appointment in May 2006 will continue to act as a Non-Executive Director of
the Company.

In addition, having played a major role in the fund raising and restructuring of
the business, Simon Michaels, Finance Director, has stepped down from the Board
with immediate effect to pursue other opportunities.

Following the proposals set out above, the constitution of the Board will be:

George Kynoch, Non-Executive Chairman
Ronnie Franks, Chief Executive
Andrew Lovelady, part time Finance Director
Walter Goldsmith, Non-Executive Director
James Lugg, Non-Executive Director
Brian Basham, Non-Executive Director

Further information on the new directors

In the past five years the new directors have had the following directorships:

                         Current                     Previous

George Alexander Bryson  Madwaves (UK) Ltd           Benson Group Limited
Kynoch
                         Mountwest 146 Ltd (Muir     Jetcam International
                         Matheson)                   Holdings Ltd
                         Muir Matheson Ltd           London Marine Group Ltd
                         Talent Group plc            PremiSys Group plc
                         TEP Exchange Group plc      RDF Group plc
                         Toluna plc                  Tecc-Is plc
                         OCZ Technology Group Inc

George Kynoch was a non-executive director of Benson Group Limited and resigned
on 18 January 2005. On 6 January 2005 the company went into creditors' voluntary
liquidation. The estimated deficiency to creditors was £2.69 million.

                 Current                               Previous
Brian Arthur     Accrediting Bureau for Fundraising    Abbeygrove Trading
Basham           Organisations                         Limited
                 Armchair Investor Limited             Abraxus Investments (UK)
                                                       Limited
                 Daygreen Limited                      Homebill Limited
                 Equity Development Limited            Intershare Limited
                 Equity Education Limited              Mezzanine Group Plc
                 Equity Eye Limited                    Microlight Marathons
                                                       Limited
                 Equity Holdings Limited               RIFF Net Limited
                 Equity Research Limited               Talk (Mobile Phone Stop)
                                                       Limited
                 FISMA Limited                         The Experience Corps
                 Intershare Limited                    The QCA Educational
                                                       Trust
                 Liberty Data Systems Limited          Tomatin Limited
                 White Star Property Holdings Plc      Wine Net Limited
                 Performance Analysis Limited          XSWeb Limited
                 The Quoted Companies Alliance

Brian Basham was a director of Abbeygrove Trading Limited prior to it going into
a voluntary creditors' liquidation on 13 May 2003. Having regard to the relevant
statement of affairs filed, the estimated deficiency as regards creditors was
£1.05 million.

               Current                              Previous

Andrew Robert  101 OHS Limited                      Beetham Austin Limited
Lovelady
               Actis Print Services Limited         Beetham Office Hotels
                                                    Limited
               Active Retail Antrim Fund General    Chartfront Jupiter Limited
               Partner) Limited
               Active Retail Rookery Fund (General  City Quays (Chester)
               Partner) Limited                     Management Company Limited
               Alabama Land Limited                 Coolrate Limited
               Austin Bilton Properties (Crosby)    Delamere Palatine Limited
               Limited
               Austin Dransfield Morpeth Limited    EB Homes Ltd
               Austin Emery Estates Ltd             Erleygrove Limited
               Austin Emery Investments Limited     Fellgate Properties
                                                    (Chester) Limited
               Austin GBB (Oswestry) Limited        GBI Systems Limited
               Austin Hill Property Investments     Grendale Developments
               Limited                              (Darlington) Limited
               Austin Owen Properties Limited       Grendale Developments
                                                    (Portrack) Limited
               Austin Park Estate Limited           Grendale (Felling) Limited
               Austin Sefton Developments Limited   HGA Limited
               Austin Sefton Holdings Limited       Pacific Property
                                                    Developments Limited
               Austin Sefton Investments Limited    Riverside Arena Limited
               Austin Trinity Chepstow Limited      Stretton Palatine
                                                    (Middlewich) Limited
               Austin Trinity Hotels Limited
               Austin Trinity Leominster Limited
               Barlows Autozone Limited
               Barlows Eastbourne Holdings
               Limited
               Barlows Falkirk Limited
               Beetham Equities Limited
               Beetham Great Bridgewater Street
               Limited
               Blakeshall Estates Limited
               Breezeclip Limited
               Brickstamp Limited
               Bunbury Properties Limited
               Carolina Land Limited
               Chartbranch Limited
               Chartbranch (Chapel En Le Frith)
               Limited
               Chartbranch (Ripon) Limited
               Chartfront Developments Limited
               Chartfront Group Limited
               Chartfront Investments Limited
               Chartfront Jupiter Limited
               Chester Business Park Management
               Company Limited
               Choicestall Limited
               Clerkdiary Limited
               Cobra Gal (Holdings) Limited
               Cobra London Markets Limited
               Coretrend Limited
               Crestnight Limited
               CRLS Nominees Limited
               Datarapid Limited
               Delamere Easi Limited
               Easycrown Properties Limited
               Eastern Gate Properties Limited
               Elm Park Developments Limited
               Ethel Austin (I) Limited
               Ethel Austin (II) Limited
               Ethel Austin (III) Limited
               Ethel Austin Commercial Properties
               Limited
               Ethel Austin Investments Limited
               Ethel Austin Investment Properties
               Limited
               Ethel Austin Investment Properties
               (Falmouth) Limited
               Ethel Austin Investment Properties
               (Foregate Street) Limited
               Ethel Austin Properties Limited
               Ethel Austin Properties Holdings
               Limited
               Ethel Austin Properties Nominees
               Limited
               Ethel Austin Regeneration
               (Latchford) Limited
               Ethel Austin (Rose Place) Limited
               Ethel Austin (Sefton) Limited
               Ethel Austin Shared Investments
               Limited
               Evans Easyspace (Chester) Limited
               Fellgate Properties (Minerva Court)
               Limited
               Flightdrive Limited
               Flintshire Industrial Developments
               Limited
               Gardenbook Holdings Limited
               Gardenbook Leicester Limited
               Gardenbook Projects Limited
               Gardenbook Properties Limited
               Gladstone Projects Limited
               Goldrock Investments Limited
               Goldrock Investment Properties
               Limited
               Goldrock Property Investments
               Limited
               Granddream Limited
               Hallco 1038 Limited
               Hansan Limited
               Knightbrook Limited
               Lanchester Investments Limited
               Lanchester Securities Limited
               Landfolder Limited
               Library Estates Limited
               Lightbanner Limited
               Lightbanner Investments Limited
               Lightbanner (Manchester) Limited
               Lightbanner (Stratford) Limited
               Linden Stourport Limited
               Linenhall Chester Limited
               Linenhall Developments Limited
               Linenhall Holdings Limited
               Liverpool Charity and Voluntary
               Services
               Liverpool Society of Chartered
               Accountants
               London and Palatine Estates
               Limited
               London and Palatine (Northwich)
               Limited
               London & Palatine Saltney Limited
               London & Palatine Spring Gardens
               Limited
               Magnetvital Limited
               Mapfield Properties Limited
               Maritime Park Developments Limited
               Market Cross Properties (Selby)
               Limited
               Mason Owen Regeneration Limited
               Med Kitchen Properties Limited
               Med Kitchen Restaurants Limited
               Mersey and Metropolitan Developments
               Limited
               Minster Mill Limited
               Modelform Limited
               Mollington Developments Limited
               Morpeth II Limited
               MP Nantwich Limited
               Muller Palatine Properties Limited
               Oakgate (Hereford) Limited
               Oakgate (Williamson Square)
               Limited
               Office Village Management Company
               Limited
               Plas Madoc Developments Limited
               Plas Madoc Estates Limited
               Plas Madoc Group Limited
               Quarry Properties Limited
               Riverguide Limited
               Rocket Centre Properties Limited
               Rufus Estates (Boughton) Limited
               Saxon Cross Properties Limited
               Seamoor Investments Limited
               Signature House Properties Limited
               Sitequest Estates Limited
               Sitequest Properties Limited
               Stampscreen Limited
               Stone Place Hoole Limited
               Stour Vale Limited
               Stripemicro Limited
               Stripepearl Limited
               Switant Investments Limited
               Telegraph Properties (Kirkby)
               Limited
               The Day Spa Properties (UK)
               Limited
               Watermill Estates Limited
               Waterville Investments Limited
               Woodbury Park Limited
               ZA Properties Limited

Andrew Lovelady was appointed a director of Actis Print Services Limited
(company number 04493996) on 30 November 2003. Actis Print Services Limited went
into administration on 14 June 2006. Ethel Austin Property Group was a major
shareholder. The company ceased to trade due to debts and the administration and
liquidation is ongoing.

Mr Kynoch, Mr Basham and Mr Lovelady have confirmed that there is no further
information required to be disclosed under paragraph 17 of the AIM Rules.

For enquiries:                                                   020 7393 4001

Mercury Group plc

Walter Goldsmith (non-executive director)                        020 7628 2200

John East & Partners Limited                                     020 7457 2020

David Worlidge/Simon Clements

College Hill Associates

Jamie Ramsay


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