21 December 2007 – New Banking Facility

Company: Optimisa PLC
TIDM: OPS
Headline: Offer Update
Released: 16:48 30-Nov-07
Number: 9446I

Optimisa plc

(“Optimisa” or the “Company”)

New Banking Facility

On 14 September 2007, Optimisa announced a recommended offer for eq group plc (“eq”) and an associated fundraising including the intention to enter into a new debt facility with Barclays Bank plc (“Barclays”) of : £5.5 million (the “New Debt Facility”) to refinance the existing eq group plc loans and overdraft.: Optimisa is delighted to announce that it has now signed the New Debt Facility with Barclays.

The New Debt Facility consists of:

- a : £2.0 million term loan repayable in 10 equal quarterly instalments, the first becoming payable on 30th June 2008

- a : £2.5 million revolving credit facility available until 9th November 2010

- a : £1.0 million overdraft facility

The Company has obtained the New Banking Facility on significantly better terms than those previously provided to eq.

Ron Littleboy, Chairman of Optimisa commented:: “We are delighted to welcome Barclays as bankers to the enlarged Optimisa group and to have secured advantageous credit terms during a period of significant uncertainty in the debt markets. Barclays have provided Optimisa with a flexible banking package to partially fund the acquisition of eq and current business requirements of the enlarged group whilst allowing the Board to maintain its policy of paying a progressive dividend.”

Enquiries:

Optimisa plc +44 (0) 20 7960 3320
Ron Littleboy, Non-Executive Chairman

Noble & Company Limited +44 (0) 20 7763 2200
Nick Naylor
Brian Stockbridge

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