UFG Ultimate Fin.

    Ultimate Finance Group Plc                           

                     ("the company" or "Ultimate Finance")                     

                               New Leeds Office                                

Bristol based Ultimate Finance, a provider of funding and financial management
solutions for small to medium sized businesses (SMEs), has opened a new office
in Leeds, to provide a dedicated service to SMEs in Yorkshire and the North
East.

The company has already achieved strong regional coverage via its offices in
Manchester, St Albans and Birmingham as well as its Bristol headquarters and is
now keen to establish itself within the thriving Yorkshire and North East
business community.

Patrick Madden has been appointed as Regional Director of the new office.
Madden has over 13 years experience in the business finance sector, and joins
Ultimate Finance from Davenham Group, where he was responsible for the Leeds
Division. He has also held roles with Britannic Money and Bank of Scotland.

Ultimate Finance, which is listed on the Alternative Investment Market (AIM),
helps SMEs enhance their cash flows by providing a range of business finance
solutions, including factoring, invoice discounting, sales ledger
administration, debtor protection services and payroll management services. The
company has recently announced a

65 per cent increase in turnover in the half-year to December 31 2005.

Brian Sumner, Chief Executive, Ultimate Finance says: "There is no doubt that
Yorkshire and the North East has a thriving SME community, and we believe that
Ultimate Finance, which offers flexible products coupled with extensive
business experience is well placed to boost that community even further. We are
delighted to have Patrick on board and are sure that he will soon be repeating
the success that Ultimate Finance has achieved in other regional centres across
the UK."



30th May 2006

Enquiries:

Brian Sumner

Chief Executive

Hansard Communications 020 7245 1100

Kris McGuire



END

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