CMG Croma Grp

RNS Number:7088X
Croma Group PLC
31 January 2006


                                                                 31 JANUARY 2006

                                CROMA GROUP PLC
                           ("CROMA" OR "THE COMPANY")

                                ISSUE OF EQUITY

Croma, the specialists in the design, development and production of overt and
covert surveillance, security and defence related products, is pleased to
announce that it has successfully raised #325,000 (before expenses) by way of a
placing of 6,500,000 new ordinary shares of 5p each ("Placing Shares") at 5p per
share with existing institutional shareholders. As previously announced, the
Company is in late stage negotiations with two potential acquisitions, one of
which is in the asset security field and the other in biometrics, and the net
funds raised today will provide the Company with greater flexibility to finance
one or both of these acquisitions.

Application has been made for the admission of 6,500,000 Placing Shares to
trading on the AIM market of the London Stock Exchange on 2 February 2006. The
Placing Shares will rank pari passu with the existing ordinary shares of the
Company.

                                   ---ENDS---

ENQUIRIES:

Croma Group Plc                                               Tel: 07836 722 482
John French
Chairman and Chief Executive

Bishopsgate Communications Ltd.                               Tel: 020 7430 1600
Dominic Barretto/Maxine Barnes




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

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