TOPE Mwtops Eur

    Statement re Transactions in own Securities
             



                   MW TOPS LIMITED (the "Company")

                    TRANSACTION IN OWN SECURITIES

On 3 November 2008, the Company purchased into treasury 5,000 GBP
shares at a price of GBP 8.70 (the "Transaction")

On 3 November 2008, the Company purchased into treasury 50,000 EUR
shares at a range of prices from EUR 8.4 to EUR 8.415  (the
"Transaction")

The Board of the Company has resolved with immediate effect to cancel
5,000 of its GBP issued shares, thereby reducing the number of
outstanding issued GBP shares of the Company to 22,479,386. (the
"Transaction")

The Board of the Company has resolved with immediate effect to cancel
50,000 of its EUR issued shares, thereby reducing the number of
outstanding issued EUR shares of the Company to 48,479,418. (the
"Transaction")

Following the Transaction, there are now in issue (to the exclusion
of those held in treasury) 43,804,798 EUR Shares, 36,423,062 US$
Shares and 20,306,966 GBP Shares.  The total number of shares held in
treasury are 4,624,620 EUR Shares, 1,949,395 US$ Shares and 2,167,420
GBP Shares.

This announcement is for information purposes only and is not an
offer to invest. The Company is registered with the Dutch Authority
for the Financial Markets as a collective investment scheme which may
offer participations in The Netherlands pursuant to article 2:66 of
the Financial Markets Supervision Act (Wet op het financieel
toezicht).  All investments are subject to risk. Past performance is
no guarantee of future returns. Prospective investors are advised to
seek expert legal, financial, tax and other professional advice
before making any investment decision. The value of investments may
fluctuate. Results achieved in the past are no guarantee of future
results.

For further information please contact:

Anson Fund Managers Limited
Secretary
Tel: 44 (0)1481 722260

3 November 2008

E&OE - in transmission

                        END OF TRANSMISSION

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.

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