CMG Croma Grp

RNS No 9264f
CMG PLC
22nd February 1999


  CMG plc acquires German IT services company based in
                         Hamburg

CMG  plc, the European IT services Group, announces that
it  acquired on 19 February 1999 100% of Partner Consult
Beratungsgesellschaft fur Information  und  Organisation
mbH  (Partner  Consult), an IT consultancy  and  systems
development  company operating from offices  in  Hamburg
and Hannover.  Partner Consult addresses applications in
the  industry, transport, banking and insurance  markets
with  particular expertise in social insurance, SAP  and
Baan   implementation  and  systems  development   using
advanced technology.

Partner  Consult,  which was founded  in  1972,  has  an
established  reputation and high  quality  client  list,
many  of  whom have retained the company's services  for
many years.  The company currently has a total workforce
of   120   employees   and   additionally   employs   55
contractors.   In  the fiscal year  ended  30  September
1998,  it  had  a  turnover of 31.2  million  DM  (#10.7
million)  and  a  profit before tax of 1.98  million  DM
(#0.7 million).  The total consideration is 23.9 million
DM  (#8.2 million), to be paid in cash.  The company  is
expected  to  make  a  positive  contribution  to  CMG's
earnings before goodwill amortisation in 1999.

The  management and employees of Partner Consult  remain
with the company and, in combination with CMG's existing
Hamburg  office personnel, create a strong  presence  in
the  Hamburg-Hannover business community.   CMG  Country
Chairman for Germany, Bernd Lantermann, commented:

   "The  acquisition of Partner Consult is a significant
   move  for CMG's progress in Germany because it  makes
   us  a  strong  player in the key Northern  industrial
   and  business area.  The company is a good fit, being
   successful  in  sectors where we can  leverage  CMG's
   wider     experience    and    having    longstanding
   relationships  with leading companies  in  the  area,
   most  of whom have not previously been CMG customers.
   I  am very pleased to welcome the staff and customers
   of  Partner  Consult to CMG and  look  forward  to  a
   successful future together."
   
Cor Stutterheim, Chairman of CMG, added:

   "We  continue  to pursue our objective  of  expanding
   geographically    within   Europe    by    developing
   relationships with major companies undergoing  change
   where  our  services can add value to their  business
   strategies.    This   acquisition   accelerates   our
   advance  in the regionalised German market  in  terms
   of customers, people and skills."

CMG's  results for the year to 31 December 1998 will  be
announced on 8 March.

For further information please contact:

Bernd Lantermann, Country Chairman, CMG Deutschland,
tel: +49 (0)6196 963600
Philipp-A Diebenbusch, CMG Deutschland,
tel: +49 (0)89 65 11 20

Chris Banks, Finance Director, CMG plc,
tel: +44 (0)171 592 4000
Tony Richards, Group Communications (London), CMG plc,
tel: +44 (0)171 592 4000
Jan Massier, Group Communications (Amsterdam), CMG B.V.,
tel: +31 (0)20 67 20 444

END


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