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ENERO GROUP LIMITED M&A Activity 2007

Sep 10, 2007

64827_rns_2007-09-10_5b2b0494-1622-46a5-bafe-e4afa1340175.pdf

M&A Activity

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==> picture [344 x 147] intentionally omitted <==

11 September 2007

ASX / MEDIA RELEASE

ACQUISITION OF CORPORATE EDGE COMPLETED

Photon Group (ASX: PGA) today announced that its UK Holding Company, Photon Group (UK) Limited has completed the acquisition of Corporate Edge Group Limited (Corporate Edge). The announcement to acquire Corporate Edge was made on 29 August 2007.

Contact

Tim Hughes Executive Chairman Photon Group Limited (02) 8213 3036 0419 555 733

Clare Battellino Photon Group Limited (02) 8213 8032

Matt Bailey

Chief Executive Officer Photon Group Limited 0413 337 722

00091835