MXC Mgc Pharmaceuticals Limited

    Embargoed Release: 07:00hrs 25 August 2005

                        Matrix Communications Group plc                        

                           ("Matrix" or the "Group")                           

                              Additional Listing                               

Application has been made for the admission of 1,938,143 ordinary shares of 10p
each to trading on AIM. These shares conclude all outstanding deferred share
considerations relating to Matrix acquisitions bringing the total number of
shares in issue to 37,548,841.

Following the recent retirement of Ron Sandison, Matrix has agreed the
conclusion of the earnout performance of Network Partners. The original
agreement required the payment of up to �7m in equity over the next 18 months.
Matrix has now agreed to pay �4.6m in cash utilising existing cashflow and bank
debt facilities over the next 18 months and issue 298,750 new shares. This will
enable Matrix to continue the full integration of Network Partners into the
Partner Sales division and realise the cross-selling opportunities and
associated cost savings at an earlier stage.

A further 883,392 shares have been issued to satisfy the payment of the final
tranche of deferred consideration pursuant to the sale and purchase agreement
dated 29 July 2004 for the purchase of the entire issued share capital of
Norwood Adam Systems (`NAD') following its success in achieving its earnout
performance targets.

337,898 shares have been issued to satisfy the payment of the second and final
tranche of deferred consideration pursuant to the sale and purchase agreement
dated 23 April 2004 for the purchase of the entire issued share capital of
Decorum Networks Limited (`Decorum') following its success in overachieving its
earnout performance by 25%.

418,103 shares have been issued to satisfy the payment of the second and final
tranche of deferred consideration pursuant to the sale and purchase agreement
dated 29 July 2004 for the purchase of the entire issued share capital of
Bedrock Networks Limited (`Bedrock') following its success in over achieving
its earnout performance by 50%.

Decorum and Bedrock have now been fully integrated into Matrix Communications.

Dealings are expected to commence on Friday 26th August 2005, following
admission onto AIM. All 1,938,143 shares are subject to a 12-month lock-in
period.

Further Information:

Ian Smith, CEO

Matrix Communications Group Plc: 01342 871 888

Andrew Tan

Hansard Communications Plc: 020 7245 1100

Chris Godsmark

Investec Securities: 020 7597 5051

Tom Jenkins

Daniel Stewart & Co: 020 7776 6550



END

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