Completion of Acquisition

Next Fifteen Communications Plc Next Fifteen Communications Group plc ('Next Fifteen' or the 'Company') today announces that on 27 October 2008, the Company acquired the remaining 13% of Panther Communications Limited ("Panther") that it does not already own, in accordance with the terms of the sale and purchase agreement between the Company and Panther's vendors made on 4 August 2005. Panther is the parent company of the UK public relations agency Lexis Public Relations Limited ("Lexis"). The Company originally acquired a 25% stake in Panther and had subsequently increased its holding to 87%. The final consideration of £1.77 million has been paid to the vendors through the issue of 1,098,591 new ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") and a cash payment of £1.33 million. As the Company recently announced in its preliminary results for the year ended 31 July 2008, it had net cash of £3.4million following strong cash generation during the year. Tim Dyson, CEO of Next Fifteen said "Lexis has been a great addition to the Next Fifteen Group. The business has continued to perform well, has broadened our range of services and added some excellent executives to the Group. Lexis was our first significant investment beyond our core technology PR businesses and it has clearly shown how the Group has the ability and capacity to move into new areas over time. It is our intention to extend the Lexis brand beyond the UK market in the next year, assuming the current trading environment remains favorable." Application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to AIM and it is expected that admission will take place on 31 October 2008. Enquiries: -0- *T Next Fifteen Communications Group plc Tim Dyson, Chief Executive +1 415 350 2801 Mark Sanford, Company Secretary +44 (0)20 7846 0778 Canaccord Adams Limited Mark Williams Adria Da Breo Richards +44 (0)20 7050 6500 *T