16 November 2009

                          Network Group Holdings plc                           

                           ("NGH" or the "Company")                            

                 Acquisition of Network Recruitment Solutions                  

The Company is pleased to announce that it has acquired 51 per cent. of Network
Recruitment Solutions Limited ("NRS") from Pertemps Investments Limited
("PIL"). Consideration is to be settled by the issue of 5,000,000 ordinary
shares to PIL (the "Consideration Shares"). The remaining 49% is owned by the
managing directors of NRS, who will join the existing NGH conversion scheme,
enabling them to convert their holding in NRS into shares in NGH.

NRS was formed in 1999 and is based in Lewisham, South London. The business
provides both temporary and permanent recruitment, operating in the sector of
health and social care. The business also provides a contact centre on its
premises for the provision of social services. Turnover in 2008 was £1.6
million.

The acquisition of NRS is deemed to be a related party transaction for the
purposes of the AIM Rules for Companies ("AIM Rules"). In accordance with the
AIM Rules, the independent directors of the Company have considered the terms
of the transaction and, having consulted with Dowgate Capital Advisers Ltd.,
being the Company's Nominated Adviser, are satisfied that those terms are fair
and reasonable insofar as the Company's shareholders are concerned.

Following this transaction PIL is now interested in 12,634,910 ordinary shares,
and its holding in NGH has increased from 11.65% to 17.91% of the Company's
issued share capital and the NGH Concert Party's holding has increased from
79.71% to 81.15%.

Application for the admission to AIM of the Consideration Shares will be made
and dealings are expected to commence at 8.00am on 20 November 2009. The new
ordinary shares will, on admission to AIM, rank pari passu with, and will be
identical in all respects to, the existing ordinary shares of the Company.

The enlarged issued share capital of the Company now consists of 70,537,284
ordinary shares of 0.1 pence each.

For further information please contact:

Network Group Holdings plc                                      01676 525 000
                                                                             
Spencer Jones                                                                
                                                                             
www.networkgroupholdings.co.uk                                               
                                                                             
Nominated Adviser                                               020 7448 4400
                                                                             
Dowgate Capital Advisers Limited                                             
                                                                             
William Vandyk / Antony Legge