MEH Mondial English

RNS Number:5979M
Mondial English Holdings Limited
25 January 2008


Mondial English Holdings Ltd

Mondial English Holdings Ltd ("Mondial" or "the Company"), is pleased to
announce that, based on recent detailed negotiations, the Company expect to
secure a transaction in the form of a reverse takeover (RTO) that they believe
will be value creating for all shareholders. Once this RTO has been completed,
it is the intention of the Company to seek re-admission to the AIM market of the
London Stock Exchange.

It is the intention of the Company to update shareholders in greater detail over
the next seven days.  This will be done via a further announcement which will be
issued through a regulatory information service, and will also be published on
the Company's website. Shareholders will also receive a copy of this
announcement by post.

As shareholders will be aware, the Company's AIM Admission is due to be
cancelled with effect from 7:00am 28 January 2008.

---------------------------Announcement end-------------------------------

For further information please call:

Mondial English Holdings Ltd
John Corre, Chairman
Tel: +972 5446 02253

HB Corporate
Jim McGeever, Director Corporate Finance
Tel: +44 (0)20 7510 8600



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