PXOG.L Regulatory News (PXOG)

3 May 2006 13:15

Premier Management Holdings PLC03 May 2006 3 May 2006 Premier Management Holdings plc (the "Company") Statement re suspension The Company notes the movement in its share price today and is pleased toannounce that it is presently in discussions with Yacht Fuel Services Ltd whichmay or may not lead to a transaction that would be classified under the AIMRules as a reverse takeover. As a result the Company has requested that theLondon Stock Exchange suspend the Company's securities from trading on AIM withimmediate effect. Yacht Fuel Services, which was established in 1989, is a specialist companyproviding the global supply of marine fuels and lubricants to Superyachts. Itoffers advice and information on bunkering matters and arranges the supply ofhigh quality fuel and lubricants directly to the yacht at any of 2,000 portsaround the world at duty-free prices where applicable, giving its clients animmediate saving on operating costs. Further announcements will be made as appropriate. ENDS This information is provided by RNS The company news service from the London Stock Exchange