AMB Amberley Grp.

RNS Number:9569Q
Amberley Group PLC
28 March 2008


                               Amberley Group Plc
                         ("Amberley" or the "Company")

                 Additional investment in Fortress and Placing

Amberley is pleased to announce that, further to the agreement entered into by
the Company to subscribe �1,200,000 for 480,000 ordinary shares of 1p each
("Subscription") in Fortress GB Limited ("Fortress"), announced by the Company
on 1 February 2008, Amberley is due to complete the second tranche of the
Subscription comprising a further investment of �600,000 on 1 April 2008. The
second investment will result in an increase in Amberley's shareholding in
Fortress to 23.9 per cent. on completion.

Fortress is a leading provider of secure, multi-application smart-card based
solutions for a variety of markets including stadiums, universities, schools and
the aviation market. Fortress' primary product, Smart Stadium, was launched in
2003 and is now used by 65 per cent. of the UK's premiership football clubs and
65 per cent. of Norwegian Premiership clubs. It is also being used at rugby,
cricket and hockey venues.

In order to fund the second investment the Company has agreed to place 7,500,000
new ordinary shares of 2.5p each in the Company ("Placing Shares") at a placing
price of 8p per share (the "Placing") to raise �600,000 before expenses.

The Placing Shares will be subscribed for by entities owned or controlled by Guy
Naggar, Chairman of Amberley, and Peter Klimt (business partner to Guy Naggar),
Barry Pincus, a non-executive director of Amberley, and Berggruen Holdings
Limited whose disclosable interests are as set out below. The Placing is
conditional, inter alia, on admission of the Placing Shares to trading on AIM.

                                                Shareholding    Percentage of
                                                 immediately  enlarged issued
                             Placing Shares        following    share capital
                                 Subscribed        Admission
Director

Guy Naggar *                      6,487,500       37,619,384             61.6
Barry Pincus                         75,000          637,759              1.0
Berggruen Holdings Limited          937,000        4,200,000              6.9

* together with the interests of Mr Klimt

The Placing Shares will represent 12.3 per cent. of the then enlarged issued
share capital of the Company. The number of ordinary shares of 2.5p each
("Ordinary Shares") in issue following the Placing, and the total number of
voting rights, will be 61,067,494. The Placing Shares will rank pari passu with
existing Ordinary Shares. Application will be made for admission of the Placing
Shares to trading on AIM, and is expected to take place on 1 April 2008.

The participation of the Directors in the Placing is deemed to be a related
party transaction under the AIM Rules. Accordingly, Alan Sime, Amberley's
independent director, considers, having consulted with Strand Partners Limited,
the Company's nominated adviser, that the terms of the Placing are fair and
reasonable insofar as the Company's shareholders are concerned. In providing its
advice to the independent director, Strand Partners has taken into account the
commercial assessment of the independent director in respect of the Placing.


Enquiries:

Amberley Group Plc
Robert Goldsmith
Tel: 020 7834 8060

Strand Partners Limited
Simon Raggett / Angela Peace
Tel : 020 7409 3494






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

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