Director/PDMR Shareholding

Avesco Group plc ("Avesco" or the "Company")

Director's shareholding in the Company

The Company was notified on 12 January 2012 by Taya Investment Company Ltd that, on 3 October 2011, Taya Investment Company Ltd and its subsidiaries ("Taya") pledged 6,000,000 ordinary shares in Avesco ("Ordinary Shares") to Bank Leumi UK as collateral for a loan. Ami Giniger, a non-executive director of Avesco, is the Chairman and controlling shareholder of Taya. Taya retains control of the voting rights attached to these Ordinary Shares and remains the beneficial owner of the Ordinary Shares.

Taya's total holding in the Company, which is registered in the name of Chase Nominees Limited, remains unchanged at 7,607,878 Ordinary Shares which represents approximately 29.9% of Avesco's issued share capital.

For further information please contact:

Avesco Group plc 01293 583400

Ian Martin, Chief Executive

John Christmas, Finance Director

finnCap 020 7220 0500

Ed Frisby/Rose Herbert, Corporate Finance

Brian Patient/Victoria Bates, Corporate Broking