Notice of Results

RNS Number:4220Q
Baqus Group PLC
19 March 2008



FOR RELEASE                         7.00AM                         19 March 2008



                                BAQUS GROUP PLC
                            ("Baqus" or "the Group")

                          INTERIM RESULTS ANNOUNCEMENT

                             MONDAY, 31 MARCH 2008

Baqus, the national building and quantity surveying consultancy group, will
announce its maiden interim results on Monday, 31 March. The Group was admitted
to trading on AIM on the 14 December 2007, having raised £1.75 million through a
placing of 17,500,000 Ordinary Shares.

For further information, please contact:

Cubitt Consulting                                                 020 7367 5100
Brian Coleman-Smith / James Verstringhe / Nicola Krafft

Seymour Pierce Limited                                            020 7107 8000
Mark Percy / Matt Thomas



Background Note:

Baqus was admitted to trading on AIM on the 14 December 2007, having raised
£1.75 million through a placing of 17,500,000 Ordinary Shares.

The Group has been established to create a national building consultancy and
quantity surveying group offering construction cost consultancy, project
management and building surveying services. The three founding firms work across
a number of business sectors including: residential, health, education,
commercial, leisure, hospitality, affordable housing and conservation. Clients
include commercial companies, developers, local authorities, central government,
NHS and Housing Associations. The group is seeking to expand into other sectors
including infrastructure, civil engineering and transportation.

Baqus currently comprises three established building and quantity surveying
consultancies: Boxall Sayer, Denley King and Fletcher McNeill. The combined
Group covers a broad geographical area with offices located in Canterbury,
Chichester, Lichfield, Liverpool, London, Manchester, Oxford, Poole, St Albans
and Winchester.

The Quantity Surveying Market, which is highly fragmented, is estimated to be
worth £1.3 billion and is dominated by a small number of major players. Baqus'
Directors believe the market is ripe for consolidation and intend to pursue a
strategy of acquiring small to medium sized Quantity Surveying practices across
the country. Once acquired, the practices will be developed to produce strong
organic growth, whilst capitalising on opportunities for synergies with the rest
of the Group.




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            The company news service from the London Stock Exchange

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