CSG.L Regulatory News (CSG)

17 July 2013

Sweett Group plc (the "Company")

Award of shares under the Share Incentive Plan

The Company announces that it received notification on 16 July 2013 that, following payroll contributions made on 30 June 2013, Cyril Sweett Trustee Company Limited, trustee of the HMRC approved Cyril Sweett All Employee Share Ownership Plan ("SIP'), awarded 14,970 ordinary shares of 10 pence each respectively in the Company ("Ordinary Shares") to participants in the SIP. All of the 14,970 shares awarded were purchased on 15 July 2013 at a price of 25.88 pence per share.

The SIP is a discretionary trust for the benefit of employees of the Company and participating subsidiaries, which holds Ordinary Shares acquired and/or awarded under the partnership, matching, free and dividend shares sections of the plan. Following a change to the SIP Trust Deed and Rules on 1 January 2011, eligible participating employees now contribute funds to purchase partnership shares on a monthly basis. Dividends in respect of shares held by the SIP are re-invested to purchase dividend shares.

Following the appropriation, Cyril Sweett Trustee Company Limited holds 9,248,971 Ordinary Shares representing 13.66% of the issued share capital of the Company.

Under the SIP, Mr Dean Webster, Chief Executive Officer of the Company, purchased 483 Ordinary Shares and Mr Derek Pitcher, a Director of the Company, purchased 483 Ordinary Shares both at a price of 25.88 pence per share via contributions made on 30 June 2013.

Therefore the following directors' beneficial holdings in the Company have changed following these appropriations:

At the date of this announcement, the Company's issued share capital consists of 67,694,055 Ordinary Shares with voting rights and the Company holds no Ordinary Shares in Treasury.

For further information, call:

ENDS