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FDM Group PLC STATEMENT ON POSSIBLE OFFER

FDM Group PLC STATEMENT ON POSSIBLE OFFER

The Company announces that it is currently in discussions with its management team which may or may not lead to an offer being made for the Company at 120 pence per share in cash.

The Management Team comprises Ivan Martin, Rod Flavell, David Templeman, Sheila Flavell and Andy Brown. It is anticipated that any offer that is forthcoming will be funded solely by funds managed and advised by Inflexion Private Equity Partners LLP, the Management Team's selected funding partner.

An independent committee of the board of FDM comprising Karl Monaghan, the sole Independent Director has been formed to evaluate the possible offer and has granted the Management Team and Inflexion permission to commence detailed due diligence into the Company.

Whilst discussions are well progressed, there can be no certainty that an offer will be made for the Company.

This announcement has been made with the consent of the Management Team and Inflexion.

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