RNS Number:6485L
EQ Group PLC
28 May 2003





                              EQ GROUP PLC ("eq"):


            DISPOSAL OF TV INNOVATIONS, INC.; FOCUS ON UK OPERATIONS



eq group plc ("eq"), the AIM listed marketing services group, announces the
disposal of TV Innovations, Inc. ("TVI"), its US-based healthcare communications
business, to Douglass Humphreys, TVI's CEO.


Whilst TVI made operating profits, before tax, of #223,000 in the year to 31
December 2002, the first four months of 2003 have been below expectations and
TVI is currently loss-making. As a result of poor order intake, the Board of eq
considers it likely that TVI will make significant further losses in the current
year and that substantial further funds from eq would have been required if TVI
had remained part of the group.


The disposal of TVI enables the board to dedicate additional financial and
management resources to the group's four businesses in the UK -- specialising in
software services, marketing services and tele-marketing -- which are currently
performing above expectations and to focus on pursuing complementary
acquisitions for those businesses.


The disposal was achieved by way of a subscription by Mr. Humphreys for
6,000,000 new shares in TVI, which has had the effect of diluting eq's interest
to 5.9%. It is anticipated that the remaining interest will be transferred to
Mr. Humphreys, for nil consideration, within the next twelve months. TVI's net
inter-company indebtedness in favour of eq of $380,000 (approximately #231,000)
will remain. However, repayment of this loan is dependant on the future trading
performance of TVI.


The book value of the investment in TVI in eq's accounts for the year ended 31
December 2002 is approximately #60,000.


The directorsconsider, having consulted with KBC Peel Hunt, the Company's
nominated adviser, that the terms of the transaction are fair and reasonable
insofar as its shareholders are concerned.


ENDS


For further information, please contact:


Sam Allen, Binns & Co PR Limited

Tel: 020 7786 2829


Brian Heather, Finance Director, eq group plc

Tel: 01422 301917


Notes to editors:


eq's core businesses are: Broadnet, a software services company; based in
Feltham Middlesex; Buckingham Research and Quaestor Research, marketing services
companies, based in Berkshire and Leeds, respectively; and The Lead Agency, a
tele-marketing specialist, based in Halifax.






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