LONDON, 1 June 2010 - Panmure Gordon & Co is pleased to announce that it is acting as financial adviser and broker to MWB Group Holdings plc (MWB.L) on the sale of its entire 68% shareholding in Liberty Plc for a total price equivalent to £28.7 million in cash.

The sale is being made pursuant to a recommended offer made by BlueGem Gamma Limited which, together with a special dividend, values Liberty at an aggregate price of £42 million.

The sale is subject to the approval of MWB’s shareholders which will be sought at a General Meeting on 21 June 2010.