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Watermark Group PLC (IM31)


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
            The company news service from the London Stock Exchange

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