CMG Croma Grp

RNS Number:4729U
Croma Group PLC
22 November 2005


                                                                22 NOVEMBER 2005

                                CROMA GROUP PLC
                            ("Croma" or "the Group")
                                        
                            PLACING TO RAISE #250,000

Croma, the specialists in the design, development and production of overt and 
covert surveillance, security and defence related products, announces today that 
it has placed 5,000,000 new ordinary shares, at 5p per share, to raise #250,000, 
with an existing institutional shareholder, as part of the funding for working 
capital and, furthermore, has agreed new banking terms in order to continue the 
development and expansion of the Group moving forward.

Application has been made for the Admission of the 5,000,000 new ordinary shares
to trading on the AIM market. The new ordinary shares will rank pari passu with
the existing new ordinary shares of the Company, and dealing of the new ordinary
shares are expected to commence on 26 November 2005.

The Board also informs investors that, following the Trading Statement on 27
October 2005, good progress has been made regarding one of the two 
aforementioned acquisitions, and an announcement should be made shortly.

                                   ---ends---

Enquiries:

Croma Group plc
John French, Chairman & Chief Executive                    Mobile: 07836 722 482

Bishopsgate Communications Ltd.                               Tel: 020 7430 1600
Dominic Barretto                                           Mobile: 07930 450 156
Maxine Barnes                                              Mobile: 07860 489 571

Notes to Editors:

ABOUT CROMA
Listed on the AIM market of the London Stock Exchange, Croma Group plc, the 
specialists in the design, development, production and marketing of overt and 
covert surveillance and defence related products, comprises of three divisions; 
namely Croma Defence Systems Ltd, Shawley (a division of Croma Defence) and R&D 
Design Services Ltd.

CURRENT PORTFOLIO OF SOLUTIONS
As both governments and private bodies bear responsibility for the protection of
individuals and the community as a whole, safety and security is increasingly
taking a high priority. Croma Group continues to provide innovative and quality
solutions to meet this escalating demand with their existing surveillance &
counter surveillance products, systems and services.

The Group's current product portfolio includes:

   *The King IPT 765
   *WASP
   *Long Range Surveillance Lenses
   *Zeus Tactical Light
   *Skorpion Ground Senses
   *Laser Marksman Training Systems
   *Computer Surveillance
   *Low Light Cameras
   *Rapid Deployment Kit



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

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