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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