RNS Number:7140V
Phoenix IT Group PLC
27 April 2007



For immediate release

27 April 2007

Not for release, publication or distribution in or into or from the United
States, Australia, Canada, Japan, South Africa or New Zealand


                         Increased Cash and Share Offer

            for the entire issued and to be issued share capital of

                         ICM Computer Group plc ("ICM")

              by Phoenix IT Group plc ("Phoenix" or the "Company")

                              Posting of Documents


Further to the announcement made on 25 April 2007 by Phoenix IT Group plc of its
revised proposals to make an offer to acquire for cash and shares the entire
issued and to be issued share capital of ICM Computer Group plc (the "Increased
Offer Anouncement"), Phoenix announces that documentation in relation to the
Increased Offer (the "Offer Documentation") is being posted today.  ICM
Shareholders (other than nationals, residents or citizens of United States,
Australia, Canada, Japan, South Africa or New Zealand) will receive, amongst
other documents, the Offer Document and Equivalent Information Document
published by Phoenix. Phoenix Shareholders will receive, amongst other
documents, the Phoenix Shareholder Circular and the Equivalent Information
Document.

As described in the Offer Documentation:


(i) a Phoenix Extraordinary General Meeting of Phoenix will be held at which
approval will be sought from Phoenix Shareholders for, amongst other things, the
Acquisition. The Phoenix Extraordinary General Meeting will be held at 9.00am on
25 May 2007;

(ii) the First Closing Date and time for the Increased Offer is 25 May 2007 at
3.00pm.

Copies of each of the Equivalent Information Document and Phoenix Shareholder
Circular have been submitted to the UKLA and will shortly be available for
viewing at the UKLA's Viewing Facility which is situated at:


The Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS


Copies of the Offer Document, Equivalent Information Document and Phoenix
Shareholder Circular will shortly be available for inspection by Phoenix
Shareholders at the registered offices of Phoenix IT Group plc, Technology
House, Hunsbury Hill, Avenue NN4 8QS, Northampton and at the offices of
Eversheds LLP, 85 Queen Victoria Street, London EC4V 4JL during usual business
hours on any weekday (excluding Saturdays, Sundays and public holidays) up to
and including the date of the Phoenix Extraordinary General Meeting.

Unless stated otherwise, terms defined in the Increased Offer Announcement or
the Original Announcement shall have the same meaning in this announcement.


ENQUIRIES

For further information, please contact:
Phoenix
Nick Robinson                                                01604 669 597
David Simpson


UBS Investment Bank (Financial adviser and broker to Phoenix)
Adrian Haxby                                                 020 7567 8000
Rahul Luthra


Financial Dynamics (Public relations adviser to Phoenix)
Giles Sanderson                                              020 7831 3113

Harriet Keen


The Phoenix Directors accept responsibility for the information contained in
this announcement.  To the best of the knowledge and belief of the Phoenix
Directors (who have taken all reasonable care to ensure that such is the case),
the information contained in this announcement is in accordance with the facts
and does not omit anything likely to affect the import of such information.

UBS Limited is acting exclusively for Phoenix in connection with the Increased
Offer and will not be responsible to any person other than Phoenix for providing
the protections afforded to customers of UBS Limited or for providing advice in
relation to the Increased Offer or any other matter referred to or contained in
this announcement.

This announcement does not constitute, or form part of, any offer for, or any
solicitation of any offer for, securities or the solicitation of any vote for
approval in any jurisdiction. Any acceptance or other response to the Increased
Offer should be made only on the basis of information referred to in the Offer
Document.

The release, publication or distribution of this announcement in jurisdictions
other than the United Kingdom may be restricted by law. The availability of the
New Phoenix Shares and the Mix and Match Facility under the Increased Offer to
persons not resident in the United Kingdom may be affected by the laws of the
relevant jurisdictions in which they are located. Therefore, any persons who
are subject to the laws of any jurisdiction other than the United Kingdom should
inform themselves of, and observe, any applicable legal or regulatory
requirements of their jurisdiction.  Any failure to comply with these
requirements may constitute a violation of the securities laws of any such
jurisdiction.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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