Statement re Possible Offer

RNS Number:0694P
Argentvive PLC
29 February 2008


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION

29 February 2008


                               ArgentVive plc     
                       ("ArgentVive" or the "Company")

                     Statement regarding potential offer

The board of ArgentVive, comprising the directors of ArgentVive except Charles
Denton, Deputy Chairman (the "Board"), announces that it has received a request
from Mr Denton, to allow him to explore the possibility of making an offer for
the entire issued share capital of the Company.

The Board understands that, in seeking to make an offer for the Company, it is
Mr Denton's objective and intention to take the Company private.

The Board has considered this request and has given permission to Mr Denton to
explore this possibility further.

The Board confirms that no offer has been received at this stage and that there
can be no certainty that any offer will be forthcoming.

IAF Securities Limited has today resigned as joint broker to the Company and
will be acting for Mr Denton in connection with any offer.

Further information will be provided to shareholders in due course.


Enquiries:

ArgentVive plc                                          Tel:  [phone]
Kevin Fleming

Charles Stanley Securities                              Tel:  [phone]
Nominated Adviser
Russell Cook / Carl Holmes

College Hill                                            Tel:  [phone]
Kate Rock

Charles Stanley Securities, which is regulated in the United Kingdom by the
Financial Services Authority, is acting for ArgentVive and no one else in
connection with the Offer and will not be responsible to anyone other than
ArgentVive for providing the protections afforded to clients of Charles Stanley
Securities or for providing advice in relation to the offer.

The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about and observe such restrictions.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code (the 'Code'), if any
person is, or becomes, 'interested' (directly or indirectly) in 1 per cent. or
more of any class of 'relevant securities' of ArgentVive, all 'dealings' in any
'relevant securities' of the Company (including by means of an option in respect
of, or a derivative referenced to, any such 'relevant securities') must be
publicly disclosed by no later than 3.30 pm (London time) on the London business
day following the date of the relevant transaction.  This requirement will
continue until the date on which the offer becomes, or is declared,
unconditional as to acceptances, lapses or is otherwise withdrawn or on which
the 'offer period' otherwise ends. If two or more persons act together pursuant
to an agreement or understanding, whether formal or informal, to acquire an
'interest' in 'relevant securities' of ArgentVive, they will be deemed to be a
single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of ArgentVive by the offeror or ArgentVive, or by any of their
respective 'associates', must be disclosed by no later than 12.00 noon (London
time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.

'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Panel's website. If you are in any doubt as to whether or not you are required
to disclose a 'dealing' under Rule 8, you should consult the Panel.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
OFDUKRURWBRUUAR