Bonus Issue

NWF Group PLC 04 October 2007 For release 4 October 2007 NWF GROUP PLC Bonus Issue NWF Group Plc ('NWF' or the 'Company') announces today that at the Extraordinary General Meeting held earlier today the resolution approving the proposed bonus issue of four new ordinary shares of 25 pence each ('New Ordinary Shares') for each existing ordinary share held by each shareholder on the register at the close of business on 4 October 2007. The New Ordinary Shares will, on Admission, rank pari passu in all respects with the existing issued ordinary shares and will rank in full for all dividends and other distributions thereafter declared, made or paid from the ordinary share capital of the Company, except for the final dividend declared by the Company on 14 August 2007, which is payable to Shareholders on 1 November 2007. The Bonus Issue will result in the issue of 37,512,844 new ordinary shares and the Company will have an aggregate of 46,891,055 ordinary shares in issue. It is anticipated that the new ordinary shares will be admitted to trading on AIM tomorrow, 5 October 2007. Share certificates in respect of New Ordinary Shares are expected to be despatched to certified Shareholders by no later than 12 October 2007 and the CREST accounts of uncertificated Shareholders will be credited with new ordinary shares as soon as practicable after the admission of the New Ordinary Shares on 5 October 2007. As a result of the Bonus Issue, the price of each ordinary share will change to approximately one fifth of its present level when the existing ordinary shares are quoted 'post bonus issue', expected on 5 October 2007. This reflects the fact that each shareholder will have five times as many ordinary shares as were held immediately before the issue of the New Shares. In addition, NWF is pleased to announce that all other resolutions proposed at the Annual General Meeting and the Extraordinary General Meeting held earlier today were passed by shareholders. For further information please visit www.nwf.co.uk or contact: Graham Scott, Chief Mark Taylor John West / Claire Executive Melly NWF Group plc Charles Stanley Tavistock Securities Communications Tel: 01829 260 260 Tel: 020 7149 6000 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange