ERG Erinaceous

RNS Number:0715I
Erinaceous Group PLC
20 November 2007



                              Erinaceous Group Plc
                                 (the "Group")


              Directorate change and withdrawal of EGM requisition



Further to the Board's announcement on November 6, Mr. Neil Bellis, Executive
Deputy Chairman, and Ms. Lucy Cummings, Chief Operating Officer, have today
agreed to resign as Directors of the Group and have agreed that their employment
will end with immediate effect.

In regard to the recent requisition by Fursa Alternative Strategies of an
Extraordinary General Meeting at which shareholders would have been asked to
vote on the removal of Mr. Bellis and Ms. Cummings from the Board, the Board can
confirm that Fursa has withdrawn its requisition.

Erinaceous' Chairman, Nigel Turnbull, said: "I am pleased that the issues raised
by the shareholders' EGM requisition have been addressed satisfactorily. Over
the past two months we have restructured the Board, appointed new corporate
management, and strengthened our team of professional advisors. The Board's
focus now is to complete the strategic review announced at the interim results."



                                    - Ends -



For further information please contact


Bell Pottinger
Charles Cook/Olly Scott:                         +44 (0)20 7861 3232

Close Brothers
Tim Evans:                                       +44(0)20 7655 3136



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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