ERN Epic Recon

RNS Number:7796Z
EPIC Reconstruction PLC
14 March 2006

14th March 2006

                            EPIC RECONSTRUCTION PLC
                       INVESTMENT IN GGS HOLDINGS LIMITED


EPIC Reconstruction Plc ("ER") is pleased to announce that it has reached
agreement on an investment of up to #5.0 million in cash in GGS Holdings Limited
("GGS"), a construction, maintenance and property development group. In the
financial year ended 31st December 2004, GGS made an operating profit of #0.945
million on turnover of #120 million; its net assets at 31st December 2004 were
#8.42 million.

The previous owner of GGS was looking to exit involvement in the full time
management of the business and ER has agreed to support a new management team to
work with the previous owner to implement an operational and financial
restructuring of the group.


Enquiries:

EPIC Specialist Investments - Giles Brand - 020 7553 2341


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