MXC Mgc Pharmaceuticals Limited

Additional Listing 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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