Acquisition

15 Sep 2006 10:00

Farley Group PLC15 September 2006 Farley Group Plc Geoffrey Fitch & Company Farley Group ("Farley" or the "Company") today announce that it has acquired thebusiness and certain assets of Geoffrey Fitch & Company ("GFC") a leadingindependent land and estate agent based in Cirencester. The maximum consideration for the acquisition of GFC is £250,000, payable as£166,667 in cash and £83,333 in convertible loan notes. Max Ziff, Chief Executive of Farley, commented: "GFC is one of the best known and most highly respected operators in and aroundthe Cirencester area and I am delighted that he will be overseeing our newbusiness there as well as our existing operation in Tetbury." For further information, contact: Farley Group Plc - 020 7318 1273Max Ziff, Chief Executive OfficerNigel Cartwright , Chief Financial Officer Corporate Synergy Plc - 020 7448 4400John Prior/David Seal Sky Communications - 020 7385 6999Julia Arnold This information is provided by RNS The company news service from the London Stock Exchange