Re Parliament Acquisition

STM Group PLC
03 September 2007

Press Release                                                   3 September 2007


                                 STM Group Plc

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

        Approval of Acquisition of Parliament Corporate Services Limited

STM Group Plc (AIM:STM), the cross border financial services provider, is today
pleased to announce, that pursuant to the announcement on the 23 August 2007,
the Gibraltar Financial Services Commission ('GFSC') has approved the
acquisition of the Parliament Corporate Services Limited.

Application has been made for the 1,932,773 new Ordinary Shares ('Consideration
Shares') being issued at 59.5p per Ordinary Share to be admitted to trading on 3
September 2007.

Following the acquisition, STM's issued share capital comprises 37,532,000
shares of common stock of per value 0.1 pence each. All of these Ordinary Shares
carry voting rights.

                                   - 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 / Tessa Smith                             Tel: [phone]

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 offshore
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 80
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 2007 STM acquired the Atlas Group of companies, a privately held CTSP
provider, based in Gibraltar which has been integrated into the operations of
STM Fidecs.

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,
single offshore jurisdictions.

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


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