Offer Update re: Irrevocables

Volvere PLC
18 September 2006





Volvere plc


For immediate release

                                                               18 September 2006

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR
FROM THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF
SUCH JURISDICTION


                            Volvere plc ('Volvere')

                  Recommended Offer for NMT Group PLC ('NMT')

                            Irrevocable Undertakings


On 16 September 2006, an undertaking to accept (or procure the acceptance of)
the Offer was received from Clareco Limited in respect of 360,343 NMT Shares,
representing approximately 4.1 per cent. of the issued ordinary share capital of
NMT.  This undertaking will remain binding in the event of a higher offer.

On this basis, irrevocable undertakings to accept (or procure the acceptance of)
the Offer have been received in respect of an aggregate of 1,760,343 NMT Shares,
representing approximately 20.2 per cent. of NMT's issued share capital.
Volvere already holds 2,604,683 NMT Shares, representing approximately 29.9
per cent. of NMT's issued ordinary share capital.

Volvere's existing shareholding, combined with the NMT Shares subject to
irrevocable undertakings, represents in aggregate approximately 50.1 per cent.
of NMT's current issued ordinary share capital.


Enquiries:
Dawnay, Day Corporate Finance Limited (Financial Adviser to Volvere)
Sandy Jamieson                                              [phone]
Alex Stanbury                                               [phone]


Dawnay, Day Corporate Finance Limited ('Dawnay Day') is acting exclusively for
Volvere and for no one else in relation to the Offer and will not be responsible
to anyone other than Volvere for providing the protections afforded to clients
of Dawnay Day or for giving advice in relation to the Offer or any other matter
referred to in this announcement.

The distribution of this announcement in jurisdictions other than the UK may be
restricted by law and therefore any persons who are subject to the laws of any
jurisdiction other than the UK should inform themselves about, and observe, any
applicable requirements.  This announcement has been prepared for the purpose of
complying with English law and the City Code and the information disclosed may
not be the same as that which would have been disclosed if this announcement had
been prepared in accordance with the laws of jurisdictions outside the UK.

The Offer is not being made, and will not be made, directly or indirectly, in or
into, or by the use of the mails or by any means or instrumentality (including,
without limitation, telephonically or electronically) of interstate or foreign
commerce or by any facilities of a national securities exchange of, the United
States of America, Canada, Australia, South Africa  or Japan and the Offer will
not be capable of acceptance by any such use, means, instrumentality or facility
or from within those jurisdictions. Accordingly, copies of this announcement are
not being, and must not be, mailed, transmitted or otherwise forwarded,
distributed or sent, in whole or in part, in, into or from the United States of
America, Canada, Australia, South Africa or Japan.  Custodians, nominees and
trustees should observe these restrictions and should not send or distribute
this announcement in, into or from the United States of America, Canada,
Australia, South Africa  or Japan.

This announcement does not constitute an offer to sell or the solicitation of an
offer to subscribe for or buy any securities, nor shall there be any sale,
issuance or transfer of the securities referred to in this announcement in any
jurisdiction in contravention of applicable law.







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