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ENERO GROUP LIMITED M&A Activity 2007

Aug 1, 2007

64827_rns_2007-08-01_9078e240-8510-425b-8deb-0b1e2ea023ee.pdf

M&A Activity

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==> picture [348 x 150] intentionally omitted <==

2 August 2007

ASX RELEASE

ACQUISTION OF REL FIELD MARKETING COMPLETED

Photon Group Limited (ASX: PGA) advises that the acquistion of Resource Experience Limited (REL Field Marketing) has been completed today. The announcement of the agreement to purchase REL Field Marketing was made on 17 July 2007.

Contacts: Tim Hughes Photon Group Limited 0419 555 733 Matt Bailey Photon Group Limited 0413 337 722 David Norbury REL Field Marketing + 44 (0) 7717 435 938

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ENERO GROUP LIMITED — M&A Activity 2007

64827_rns_2007-08-01_9078e240-8510-425b-8deb-0b1e2ea023ee.pdf

ASX RELEASE

ACQUISTION OF REL FIELD MARKETING COMPLETED

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ENERO GROUP LIMITED M&A Activity 2007