Acquisition

STM Group PLC
10 January 2008


Press Release                                                 10 January 2008



                                 STM Group Plc

                     ('STM', 'the Company' or 'the Group')

              Acquisition of Compagnie Fiduciaire Trustees Limited


STM Group Plc (AIM:STM), the cross border financial services provider, is
pleased to announce the acquisition of Compagnie Fiduciaire Trustees Limited 
('CFTL'), based in Jersey, Channel Islands, for a fixed consideration of
£315,000 plus deferred consideration equal to the amount by which CFTL's net
assets at 31 December 2007 exceeded the regulatory minimum Adjusted Net Liquid
Assets requirements (the 'Acquisition').  The Acquisition is subject to final
approval by the Jersey Financial Services Commission ('JFSC').  The fixed
consideration was satisfied wholly in cash on 28 December 2007 from STM's
existing cash resources and the deferred consideration is payable in cash
following finalisation of CFTL's accounts to 31 December 2007 and in any case
before 31 March 2008.


CFTL is incorporated in Jersey and became licensed by the JFSC as a professional
trustee in August 2002.  In March 2006, CFTL's licence was extended to include
company management. CFTL has an established client base which, in December 2007,
comprised 23 trusts, holding in some cases sizeable investment portfolios.


In the year ended 31 December 2006, the last date to which audited accounts were
prepared, CFTL reported revenues of approximately £0.4 million and net profit
after tax of approximately £0.1 million.


Commenting on the Acquisition, Tim Revill, Chief Executive Officer of STM Group
Plc, said: 'We are extremely pleased with the acquisition of CFTL, particularly
since this is our first acquisition within the Channel Islands.  Whilst CFTL
itself is small scale, it immediately provides us with a CTSP licence and a
bridgehead into a strategically important jurisdiction.  STM Group has numerous
existing client entities in Jersey which are currently receiving corporate and
trustee services from third parties and these can now be transferred into our
own operating subsidiary.  In keeping with our acquisitive strategy we expect
this transaction to contribute to shareholder value.'





                                    - Ends -








For further information, please contact:
STM Group Plc
Tim Revill, Chief Executive Officer                            Tel: [phone]
Matt Wood, Non-executive director                      Tel: [phone]
                                                             www.stmgroupplc.com


Daniel Stewart & Co. Plc
Lindsay Mair / Stewart Dick                            Tel: [phone]
                                                         www.danielstewart.co.uk



Media enquiries:
Abchurch
Henry Harrison-Topham / Charlie Jack                   Tel: [phone]
[e-mail]                               www.abchurch-group.com



Notes to editors



STM was formed in 2007 specifically to become a leading financial services group
operating in the Corporate and Trustee Service Provider (CTSP) sector. The
Company listed on the AIM market of the London Stock Exchange in March 2007.
The traditional business of CTSPs is to administer and manage personal, family
and commercial assets and income streams in tax efficient jurisdictions.  The
Company's aim is to grow through acquiring and consolidating high quality
existing CTSPs which offer complementary products and services and that operate
in complementary tax efficient jurisdictions to those provided by STM's first
acquisition, the Gibraltar based CTSP, Fidecs Group Limited ('Fidecs').



Fidecs is the second largest financial services firm in Gibraltar and employs
over 101 people.   It specialises in financial planning for both High Net Worth
individuals ('HNWI') moving to work, living or retiring overseas or making
cross-border investments, and for entrepreneurial, predominantly, owner-managed
businesses, expanding into or re-locating to other, frequently lower tax,
jurisdictions. It also includes an insurance management division, specialising
in providing set up and management services to newly formed insurance companies
operating out of Gibraltar. In the year ended 31 December 2006, Fidecs reported
turnover of £5 million with post tax profit of £1.7 million.



In June and August 2007 STM acquired two Gibraltar based CTS providers, the
Atlas Group of companies and Parliament Corporate Services Limited.  These two
acquisitions further consolidated STM's leading position in Gibraltar .
Parliament has an established client base which, as at 31 December 2006, was
made up of 275 companies and 115 trusts and Atlas 60 companies and 30 trusts.



The CTSP market is fragmented in nature, comprising a small number of very large
international financial services groups and a large number of relatively small
trust and company management businesses regulated by, and operating out of, a
single jurisdiction.



Further information on STM Group can be found at www.stmgroupplc.com









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