Mears Regulatory News (MER)

12 Feb 2008 07:00

Mears Group PLC12 February 2008 12 February 2008 Mears Group PLC ("Mears" or the "Company") Hackney and Islington Contract The Company is pleased to announce that an independent investigationcommissioned by the Family Mosaic Housing Association in Hackney and Islington("Family Mosaic"), and accepted by the social housing regulator, The HousingCorporation, has confirmed that the Company did not falsify information relatingto the repairs service for Family Mosaic. The investigation was based on ananalysis of over 30,000 repair jobs. Commenting, Bob Holt, Chief Executive of Mears Group, said: "We are very pleased with the outcome. We took the allegations very seriouslyand welcomed the independent investigation which is now concluded." ends Enquiries: Mears Group PLC Bob Holt, Chief Executive 07778 798 816 David Robertson, Finance Director 07887 705 357 Threadneedle Communications Trevor Bass/Alex White 020 7936 9666 Nominated adviser to Mears Group PLC - Investec Keith Anderson/Michael Ansell 020 7597 5970 This information is provided by RNS The company news service from the London Stock Exchange