Fluid Leader Group Plc

Acquisition of Sharjah Land Investments Limited


                            FLUID LEADER GROUP PLC                             

                                (the "Company")                                

The Company is pleased to announce that following its announcement dated 12
August 2008, the agreement with Sheikh Faisal Bin Khalid Mohammed Al Qassimi
("His Excellency") has now completed. Following completion of this agreement,
the Company has acquired Sharjah Land Investments Limited ("SLIL"), which in
turn owns Fluid Leader Gulf FZE ("FL Gulf").

Pursuant to the valuation provided by Al Hassani Real Estate on 10 September
2008 (the "Valuation"), a plot of land situated in the Al Hamriyah  Freezone
in Sharjah (the "Plot") is registered for FL Gulf with a  valuation  of  GBP
7,421,314. The size of the Plot is 30,000 square meter and the lease is  for  
a term of 25 years, rent free for 15 years and with an option to renew for a
further 25 years ("Terms").

FL Gulf also owns land in the SAIF Zone in Sharjah under the  Terms. It  has
been granted  approval by  the  free  zone   authority  for the erection  of 
five warehouses  of  600 square   metres  floor space  each   in  SAIF  Zone 
(the "Warehouse area"). Five additional warehouses have  also  been optioned
for FL Gulf. The Valuation values the Warehouse Area at GBP 4,255,452.

The Valuation provides a combined value for the Plot and the Warehouse  Area 
at GBP 11,676,766. The directors of the Company, however, consider  that  it
is appropriate and prudent to take a valuation of GBP 7,000,000, which is in
excess of the GBP 5,000,000 proposed contribution by His Excellency referred
to in the announcement of 13 March 2008.

25,000,000  shares  in  the  Company   were issued to  His  Excellency  in
consideration for SLIL. Prior to the    acquisition of FL Gulf by SLIL, the 
company was dormant with no assets or liabilities and its sole shareholder
was His Excellency. SLIL was previously named Pipe Strength Limited, which 
had entered into an acquisition agreement with the Company's subsidiary (as
mentioned in the announcement dated 3 December 2007). Following advice from
the Company's auditors this acquisition was nullified. Accordingly  at  the 
date  of  the  Company's readmission, Pipe  Strength   Limited was  not  a
subsidiary of the Company.

The Directors of the Company accept responsibility for this announcement.

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FOR FURTHER INFORMATION CONTACT:

Atlantic Law Llp: email: [email protected]

Andrew Greystoke  Tel:   020 7616 2888