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Watermark Group PLC (IM31)

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Friday 24 November, 2006

Watermark Group PLC

Further re Clarification

Watermark Group PLC
24 November 2006


For immediate release                                         24 November 2006


                              Watermark Group Plc

                                ('The Company')
                                       
                    Proposed announcement on 30 November 2006


On 6 October 2006 the Company advised that it would announce, by 30 November
2006, details of the exceptional items it expected to be included in its
accounts for the year ending 31 December 2006.  In light of Ross Dunlop's
appointment as Executive Chairman of the Company on 15 November 2006, the
Company has decided to postpone such announcement (which will be made as soon as
possible and practicable) to allow him sufficient time to have due input into
the process of establishing and quantifying the extent of the exceptional items.




For further information contact:

Ross Dunlop/Maurice Ostro/Crispin Quail
Watermark Group plc
Tel: 020 8606 1300


Jeremy Carey
Tavistock Communications
Tel: 020 7920 3150



                      This information is provided by RNS
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