Annual Report & Accounts

PHSC PLC ("PHSC" or the "Company") Annual Report and Accounts The Company announces that pursuant to Rule 20 of the AIM Rules, PHSC hereby notifies that copies of its Report and Financial Statements for the year ended 31 March 2007 and Notice of AGM have today been mailed to shareholders. Further copies are available from the Company's Nominated Adviser Ruegg & Co Limited upon request or from the Company's website: www.phsc.plc.uk For further information: - PHSC plc- Stephen King (Tel: 01622 717 700) Stephen.king@phsc.co.uk www.phsc.plc.uk Ruegg & Co Limited - Gavin Burnell (Tel: 020 7584 3663) Hichens, Harrison & Co. plc - Daniel Briggs (Tel: 020 782 7776) PHSC plc