Last checked at 8 Sep 2008 11:00
MEDSEA ESTATES GROUP PLC
Proposed cancellation of AIM admission
Medsea Estates Group plc (the "Company") (AIM: MEA), the Mediterranean-based property group, announces that it has resolved to seek shareholder approval for the cancellation of the Company's AIM admission. A circular to shareholders giving the background to and details of the proposed cancellation and convening a general meeting will be despatched at the time of the announcement of the results for the six months ended 30 June 2008. If the cancellation is approved, it will not take effect until at least five business days after the shareholder meeting.
For further information:
| Medsea Estates Group plc | |
| Tony Gatehouse, Chairman | Tel: +34 96 570 40 02 |
| Juan Carlos Rodriguez Martinez, Chief Executive |
| HB Corporate | |
| Edward Hutton | Tel: +44 (0) 20 7510 8600 |
Media enquiries:
| Threadneedle Communications | |
| Alex White/Josh Royston | Tel: +44 (0) 20 7653 9850 |