React Group Regulatory News (REAT)

30 Nov 2005 15:00

Immediate release: 30 November 2005 Diablo Group Plc (the "Company") Record Label & Publishing Division: Update Diablo Group plc, the independent record label, music publishing and mediaProduction company, is pleased to announce its collaboration with Rick Finch, aUS producer who has achieved four Grammy awards. The arrangement is in respectof a planned release in the US of an album by British artist Fran Balke. Thealbum will contain four tracks which have been written and published by Diabloand are being co-produced with Rick Finch.The company has ceased its contract with indie rock band, Dive Dive. Thisdecision was taken by the Board based upon past album sales and anticipatedfuture revenues from this group not achieving appropriate levels. -Ends- For further information contact:Neil Reed, Creative DirectorMike Hosie, Finance DirectorTel. 01342 870011Ben SimonsHansard CommunicationsTel. 020 7245 1100ENDDIABLO GROUP PLC