MXC Mgc Pharmaceuticals Limited

    Embargoed Release: 07:00hrs Wednesday 22 December 2004

                        Matrix Communications Group Plc                        

                                  (`Matrix')                                   

                              Additional Listing                               

Application has been made for the admission of 2,837,898 ordinary shares of 10p
each to trading on AIM. 2,500,000 of these shares have been issued to satisfy
the payment of the second tranche of deferred consideration pursuant to the
sale and purchase agreement dated 11 December 2003 for the purchase of the
entire issued share capital of Intrinsic Networks Limited (`Intrinsic').
337,898 of these shares have been issued to satisfy the payment of the first
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'). Dealings are expected to commence on 29
December 2004.

All 2,837,898 shares are subject to a 12-month lock-in period.

The Board of Matrix would like to take this opportunity to congratulate both
Intrinsic and Decorum who both outperformed their earn out targets by 25% and
50% respectively.

                                    -Ends-                                     

Ian Smith

Group Chief Executive

0870 737 5000

Andrew Tan

Hansard Communications

020 7245 1100



END

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