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Citel PLC



                           ("Citel" or the "Company")

                      Sale of Assets and Directorate Change

The Board of Citel is pleased to announce that, following the EGM held on 30 May
2008, the transaction to sell the business and certain assets, comprising
substantially all the assets underlying the Company's trading operations, to
Tortel USA, LLC has now completed. The consideration of US$2,300,000 has been
adjusted upward by US$300,000, as expected, due to the finalization of Inventory
amounts as mentioned in the announcement on 02 May 2008 and thus the final
consideration is US$2,600,000.

As a result of the closing of the transaction Citel annnounces that
non-executive directors Stewart Davies and John Cunningham resigned from their
positions on 03 May 2008.

Enquiries:

Citel              Jose David, CEO              001 206 965 8925

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