Cancellation of Listing

RNS Number:9286R
Chelford Group PLC
09 April 2008




Chelford Group Plc ("Chelford")

Cancellation of admission and compulsory acquisition


Chelford announces that it has applied to the London Stock Exchange for the
cancellation of trading of Chelford Shares on AIM following the announcement on
4 April 2008 that the recommended cash offer for Chelford by Solarsoft
Acquisition Limited ("Solarsoft") a company formed at the direction of Marlin
Equity Partners ("Offer") had been declared unconditional in all respects.  It
is currently anticipated that cancellation will take effect from 7.00 a.m. on 6
May 2008.

Solarsoft also intends to exercise its rights pursuant to the provisions of
sections 979 to 982 (inclusive) of the Companies Act 2006 to acquire
compulsorily on the same terms as the Offer the remaining Chelford Shares not
already acquired or agreed to be acquired by Solarsoft pursuant to the Offer and
that it is also anticipated that, after the cancellation of admission, Chelford
will be re-registered as a private company under the relevant provisions of the
Companies Act 1985.

Chelford shareholders who have not yet accepted the Offer should note that
cancellation is likely to reduce significantly the liquidity and marketability
of Chelford Shares not acquired under the Offer. Once cancellation has taken
effect, Chelford shareholders will no longer be able to effect transactions in
Chelford Shares on AIM at the market price.



Enquiries:

Chelford                                           Tel:[phone]
Trevor C. Lewis, Chief Executive

KPMG Corporate Finance                             Tel: [phone]
(financial adviser to Chelford)
Mark Farlow
Susan Walker

Charles Stanley Securities                         Tel: [phone]
(nominated adviser to Chelford)
Richard Thompson
Mark Taylor





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

MSCUWOBRWKRSRAR