Premier Management Holdings PLC
14 March 2007


14 March 2007

Premier Management Holdings Plc
Withdrawal from discussions relating to possible reverse takeover

On 12 December 2006, Premier Management Holdings plc (the 'Company') announced 
that it was in discussions which may or may not lead to a transaction that would
be classified under the AIM Rules as a reverse takeover and requested that the 
London Stock Exchange suspend the Company's securities from trading on AIM.

The Company has now terminated these discussions and decided not to proceed with
the transaction.  As a result, trading in the Company's shares is being restored
by the London Stock Exchange with immediate effect.  The Company continues to 
seek appropriate transactions that will serve to expand and increase its service
offering.

The Company is pleased to announce that trading improved strongly in the second 
half of the financial year ended 31 January 2007 with more fees being earned in 
the latest January transfer window than in the whole of the previous financial 
year and that the profitable first half was built upon further to place the 
Company in a position where it will be able to report its best result since 
2002.  The current financial year has started well with some fees being 
earned outside of the transfer windows.

The Company proposes to announce its results for the year ended 31 January 2007 
during April.

For further enquires:
Barry Gold (Chairman - Premier Management Holdings Plc) 07768 948928

Richard Evans (Nominated Adviser - Brewin Dolphin Securities Ltd) 0845 270 8602



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