Update re 7 Days

Savile Group plc ("Savile", the "Company" or "Group")

Update re 7 Days

Following the resignation of Louise Palmer announced yesterday as a Director of the Company and as CEO of 7 Days Limited, the Board met to consider the future of its subsidiary, 7 Days Limited.

The recent performance of 7 Days Limited has been very disappointing and its prospects remain uncertain. The Board considered various options, including injecting new capital and supporting the business under new leadership. However, given the subsidiary's current financial position, prospects and potential future liabilities, the Board concluded that it was not in the best interests of the Group to provide the projected working capital required going forward. As a result, the board of 7 Days Limited has resolved to appoint a liquidator.

This is expected to have an impact on the preliminary results for the year ended 30 June 2011, which were due to be released this week, relating to the carrying value of 7 Day Limited. As a result, the release will be delayed and a further announcement will be made when practicable.

For further information, please contact:

Savile Group plc 020 7204 6990

Jonathan Cohen, Chairman

Mark Sidlin, CFO

FinnCap 020 7220 0500

Geoff Nash/ Ben Thompson - Corporate Finance

Tom Jenkins - Corporate Broking