Director’s Shareholding

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Formation Group Plc (“Company” or “Formation”) has today been notified that the pension fund of Noel O’Carroll, Managing Director of Formation, purchased 100,000 ordinary shares of 1p each in the Company (“Ordinary Shares”) at a price of 6 pence per share. As a result of this purchase Mr O’Carroll is now interested in 1,405,316 Ordinary Shares representing 0.64 per cent. of the issued share capital.

Enquiries

Formation Group plc

Tel: +44 (0) 20 7920 7590
David Kennedy, Chief Executive Officer

Northland Capital Partners Ltd (Nomad)

Tel: +44 (0) 20 3861 6625
William Vandyk / Gerry Beaney

Peterhouse Corporate Finance Limited (Broker)

Tel: +44 (0) 20 7469 0930
Duncan Vasey / Fungai Ndoro

Yellow Jersey PR Limited (Media Relations)

Tel: +44 (0) 7825 916 715
Dominic Barretto / Alistair de Kare-Silver