EGM Statement

5 Feb 2007 15:06

CEPS plc Update on Extraordinary General Meetings

On 11 January 2007, the Board announced the proposed acquisition of Sunline Direct Mail Limited and associated fund rasing

Further to the announcement made earlier today, the Board of CEPS plc announces that a national company has served notice dated 31st January 2007 on all of its direct mail service partners, including Sunline Direct Mail Limited, indicating that it is changing its terms of business for all those partners.

In view of this, the Board wishes to satisfy itself that, going forward, overall, there will be no material adverse charge to the trading of Sunline Direct Mail Limited.

Therefore, the Board has further adjourned the Extraordinary General Meeting of Ordinary Shareholders until 12 noon on 12 February 2007 and the Extraordinary General Meeting of Warrantholders until 12.30pm on the same date.

To be valid, Forms of Proxy for each of the adjourned Extraordinary General Meetings and, if applicable, any authority under which they are signed, or a certified copy of such authority, must be lodged at the offices of Capita Registrars, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU not later than 48 hours before the time appointed for holding the relevant adjourned meeting.

Contact Details:CEPS plcPeter CookNon-executive DirectorTel: 01225 483030

City Financial Associates Limited

Ross AndrewsDirectorTel: 020 7090 7800