CHW.L Regulatory News (CHW)

Chime Communications PLC

('Chime')

Acquisition of Gulliford Consulting Limited

Chime Communications PLC, a leading marketing services group, is delighted to announce that it has acquired 100% of the share capital of Gulliford Consulting Limited ('Gulliford') for an initial consideration of £2.5 million. The initial consideration comprises £1.5 million in cash, a further £0.5 million in cash to be paid on 1st January 2012 and the issue of 264,830 new ordinary shares in Chime. £230,000 of cash represents working capital of Gulliford at acquisition which is surplus to requirements after Gulliford joins the Chime group.

Chime is acquiring Gulliford from its founder, Simon Gulliford. Gulliford provides marketing strategy consultancy to major corporate organisations.

Further tranches of deferred consideration totalling a maximum of £2.25 million may be payable depending upon the future trading performance of Gulliford. At Chime's option up to 30% of the deferred consideration may be satisfied through the issue of new Chime ordinary shares.

Application will be made for the 264,830 new ordinary shares of 25 pence each in the capital of Chime (the 'new ordinary shares') being issued as part of the initial consideration to be listed on the Official List of the Financial Services Authority and to be admitted to trading by the London Stock Exchange on its main market for listed securities. It is expected that dealings in the new ordinary shares will commence on 14 October 2011. The new ordinary shares will rank pari passu with Chime's existing issued shares.

Following the issue of the new ordinary shares the total number of issued ordinary shares in Chime will be 80,944,656.

-ends-

For further information please contact:

Lord Bell, Chairman 020 7861 8515

Chime Communications

Christopher Satterthwaite, Chief Executive 020 7861 8515

Chime Communications

James Henderson/ Victoria Geoghegan/ Emma Kent 020 7861 3925

Pelham Bell Pottinger

Notes to Editors

The Chime Group helps clients create, manage, monitor and market their businesses, brands and reputation both in the UK and internationally.

Chime is the holding company for the UK's leading public relations group, Bell Pottinger; one of the fastest growing advertising and marketing services groups in the UK that includes VCCP, Teamspirit and OPEN Health; the UK's number one sports marketing group that includes Fast Track and Essentially Group; and the leading research group which includes Facts International and Opinion Leader Research.

For more information please go to www.chime.plc.uk