Network Group Holdings plc                           

                                (the "Company")                                

                           Application for Admission                           

Network Group Holdings announces that application for admission has been made
in respect of 653,621 ordinary shares of 0.1p, which is expected to become
effective on 23 December 2008. These shares were issued during the period
between 14 June 2008 and 8 July 2008, however no application for admission was
made at the time due to an administrative oversight.

These shares were issued pursuant to the Company's policy of incentivising
management in its businesses through equity participation in the Company, and
were issued in consideration for shares in the subsidiaries concerned, as
follows:

Name            Subsidiary                Shares issued     % of subsidiary
                                                            acquired by the
                                                                 Company in
                                                          consideration for
                                                          new shares issued
                                                                           
Claire Needham  Network HR Recruitment          237,089              12.29%
                Limited                                                    
                                                                           
Lisa Wormald    Network HR Recruitment          237,089              12.29%
                Limited                                                    
                                                                           
Elis Jones      T.E.N. (The Education            23,481                2.5%
                Network - Employment                                       
                Services) Limited                                          
                                                                           
Clodagh Ward    Network IT Recruitment          155,962                  5%
                Limited                                                    
                                                                           
TOTAL                                           653,621                    

As a result of this issue of shares and the buy back announced on 16 December
2008, and in conformity with the Financial Services Authority's Disclosure and
Transparency Rules, the Company gives notice that its voting capital consists
of 65,537,284 ordinary shares of 0.1p each, with a total nominal value of £
65,537.28.

As the Company does not hold any ordinary shares in Treasury, its total number
of voting rights equals its capital. Under the trust deed establishing the
Network Group Holdings Employee Benefit Trust, the trustees have undertaken to
abstain from voting any shares held in the trust fund, which currently holds
6,500,000 ordinary shares (representing 9.9% of the issued share capital),
however these shares still carry voting rights, and have been included in the
total voting rights figure quoted above.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FSA's
Disclosure and Transparency Rules.

For further information please contact:

Network Group Holdings plc                     01676 525 000                 
Christopher Ross, Chairman                                                   
www.networkgroupholdings.co.uk                                               
                                                                             
Nominated Adviser                              020 7492 4777                 
Dowgate Capital Advisers Limited                                             
Tony Rawlinson / Simon Sacerdoti