Text 100 Group plc, which together with its subsidiaries is a rapidly expanding International Public Relations group, today publishes its prospectus in relation to the proposed listing of its ordinary shares on the Official List of the London Stock Exchange and the placing of shares with UK investors.

Under the placing 3,815,000 ordinary shares in Text 100 Group plc (representing approximately 17% of its issued ordinary share capital following the Placing) have been placed primarily with institutional investors at a price of 170p per ordinary share. At the placing price Text 100 Group is valued at £38.1 million.

Text 100 Group is the largest specialist Information Technology PR business in the UK, by fee income, with subsidiaries established in Europe, the USA, Africa and the APAC region. Its clients include many established companies as well as many involved in the emerging Internet and e-commerce markets.

The flotation of Text 100 Group plc is sponsored by ARM Corporate Finance Limited, with the placing by Sutherlands Limited.

Admission to listing is scheduled for Monday 6th December with dealings expected to commence at 8.00 am on that date.

Tom Lewis, Chairman of Text 100, commented:

"We are delighted by the support investors have shown for the business and the management team. We now look forward to building our business and we remain very confident that the Group will continue its successful growth path for the foreseeable future."

Placing statistics

For further information:

Press enquiries:

Text 100 Tel: 0181 242 4100
Tom Lewis, Executive Chairman

ARM Corporate Finance Limited Tel: 0171 512 0191
Alan MacKenzie Jim McGeever

Hogarth Partnership Tel: 0171 357 9477
Nick Denton
Chris Matthews


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