TGR Tirupati Graphite Plc

RNS Number:7207R
10 Group PLC
20 February 2002



For immediate release



10 Group plc, the AIM-listed leisure, franchising and investment company,
has acquired New York-based World Franchise Solutions (WFS)
(www.worldfranchisesolutions.com) for a consideration of $100,000 US, via its
subsidiary 10 Leisure plc.

The total consideration of $100,000 is being paid in shares at 0.35 pence or
the offer price on day of issue, whichever is greater, as $75,000 initially
with $25,000 deferred and payable after six months.

Paul Cairnie, President of WFS, will be paid $30,000 per annum, also in
shares at 0.35p or the offer price on day of issue, whichever is greater, as
a Consultant to the company, subject to minimum performance criteria.

World Franchise Solutions, is an organisation specialising in international
franchise development and sponsor of the United States Department of
Commerce publication Commercial News USA's international franchise 100
special issues. Paul Cairnie, President of WFS, is a regular contributor to
Commercial News USA, which is distributed worldwide via US embassies and
consulates,  and International Franchise eNews, a monthly electronic newsletter.
WFS has an office on Madison Avenue in New York, and following the acquisition
it is envisaged it will be opening offices in London, Birmingham, UK, and
representative offices in Sydney, Australia, and Cannes, south France.


10 Group chairman and chief executive officer Andy Moore said: "The
acquisition of World Franchise Solutions is in line with our policy of
developing a worldwide expertise and reputation in global franchise business
development and management."


Inquiries



Andy Moore - Chairman,
10 Group plc,
10 Clement Street,
Birmingham B1 2SL



Tel: 0121 233 1122



See also  <http://www.10group.co.uk/> www.10group.co.uk



OR



Andy Skinner,
Marketing Management


Tel: 01527 892004
Mobile: 07990 978257





                      This information is provided by RNS
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