RNS Number:7327T
Mondial English Holdings Limited
26 March 2007


ANNOUNCEMENT TO LONDON STOCK EXCHANGE


Update


Mondial English Holdings Ltd ("the Company") announces that:


 1. The Company is obliged to make an acquisition or acquisitions that 
    constitute a reverse takeover under AIM Rule 14 by 24 July 2007, being 
    within twelve months of the date that the shareholders gave their consent 
    to the new investing strategy.

 2. Failure by the Company to do a reverse takeover will result in the 
    suspension of the Company with effect from 7am 25 July 2007 and this 
    suspension will remain in place until the Company publishes an admission 
    document in connection with a reverse takeover or, if the Company fails to 
    undertake such a transaction, dealings will be cancelled with effect from 
    7am 28 January 2008 in accordance with AIM Rule 41.


26 March 2007


Further information:


John Corre - Chairman - Mondial English Holdings Ltd 00 972 544 602253
Jim McGeever - HB Corporate 020 7510 8598




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

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