AUS Amteus

    2 May 2007

                                  Amteus plc                                   

                          ("Amteus" or the "Company")                          

                            Director's shareholding                            

Further to the announcement made on 6 March 2007, following the approval by
shareholders of the Company of a resolution seeking to renew the directors'
authorities to issue shares, Jeffrey Morris, Executive Deputy Chairman of the
Company, has capitalised the remainder of his outstanding loans, amounting to
approximately �684,000, into 950,000 Ordinary Shares. Mr Morris has requested
that the Company issue these shares directly to his adult son, Joshua Morris.

In addition, Mr Morris has transferred 150,000 shares (comprising the shares he
received as part of the initial debt capitalisation announced on 6 March 2007)
to Joshua Morris.

Furthermore, Jeffrey Morris has charged 806,335 Ordinary Shares to Barclays
Bank Plc in connection with a personal guarantee given by him to the bank
relating to another business interest. The Company and John East & Partners
Limited have consented to release Mr Morris from an orderly market undertaking
in respect of these shares to expire on the earlier of the charge being
extinguished or 18 January 2008.

Following the above transactions, Mr Morris has a beneficial interest in
19,612,670 Ordinary Shares, equivalent to 48.5 per cent. of the enlarged issued
voting share capital of the Company. This includes the shares that have been
charged to Barclays Bank Plc as Mr Morris retains the right to vote these
shares unless an event of default occurs under the terms of the charge.

Following the issue of the debt capitalisation shares referred to above, the
Company will have 40,437,078 Ordinary Shares in issue. Application will be made
for the debt capitalisation shares to be admitted to trading on AIM. Dealings
in these shares are expected to commence on 8 May 2007.

 

Enquiries:

Amteus plc                                                       01756 770376
                                                                             
Michael Abrahams (Chairman)                                     020 7628 2200
                                                                             
John East & Partners Limited                                     01756 770376
                                                                             
John East/Simon Clements                                                     
                                                                             
Rawlings Financial                                                           
                                                                             
John Rawlings                                                                




END

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