Marwyn Management Partners PLC : - Marwyn European Transport Acquisition

Marwyn Management Partners Plc - Marwyn European Transport Acquisition

MARWYN MANAGEMENT PARTNERS PLC

Marwyn European Transport ("MET") Enters German Express Bus Market

London - 24 January 2012. Marwyn Management Partners plc ("MMP") today announces that its subsidiary Marwyn European Transport plc ("MET") has acquired Publicexpress, the German intercity express bus business ("PX"). The total consideration of €280,000 is payable by the issue of 190,000 MET ordinary shares and €50,000 in cash. On completion MET also assume net debt of circa €205,000. Christoph Marquardt, the founder of PX, will retain a 5% equity ownership in the PX holding company .

PX currently operates a single licenced route connecting cities in Northern Germany with The Netherlands. In the year ended 31 December 2010, PX generated unaudited revenue of circa €0.8m.

PX will provide MET with a platform for the expansion of intercity express bus services in a market undergoing substantial liberalisation, building on PX's track record in gaining route licenses and developing new markets for express bus travel within Germany.

PX is MET's third acquisition within the German bus sector following the acquisition of Axel Tücks GmbH and FirstGroup Deutschland GmbH during 2011 which established the Company with an operating base of over 240 vehicles on contracted bus services. MET continue to pursue a number of other acquisition opportunities in the sector and plan to expand the express route offering within PX.

David Leeder, Chief Executive Officer of MET, said: "Following the strong foundation in contracted local buses established with our first two acquisitions, we are very pleased to have completed this acquisition as an entry into the German express bus market. Publicexpress is already developing further services that build on its proven formula of creating new travel links, using high-quality coaches at value-for-money fares. The existing management team, led by founder Christoph Marquardt, will remain with the business and we look forward to working with them to further expand the business with new routes and licence opportunities."

Mark Watts, Executive Director of MMP, said: "This deal again demonstrates MET's ability to deliver strategic acquisitions in an uncertain economic environment. The acquisition of Publicexpress provides the business with an excellent platform into the express bus sector earlier than anticipated. MET are now well placed to develop a substantial presence in an under-developed sector of the market with huge growth potential being driven by ongoing deregulation."

ENDS

Contact details:

Simon Pincombe		John Eisenhammer
Marwyn Investment Management LLP		Quiller Consultants
Tel:     [phone]		Tel:     [phone]
Email:[e-mail]		Email:[e-mail]

Notes to Editors:

About Marwyn Management Partners plc

Marwyn Management Partners plc (MMP) is a corporate vehicle launched to pursue acquisition led growth strategies in the public markets. It was listed on the Main Market of the London Stock Exchange in January 2011 by Marwyn, the principal investment and advisory group. MMP acquires controlling and non - controlling interests in public and private companies.

MMP is structured as a conglomerate with three established divisions - Consumer, Industrials and Support Services. Since launch, MMP has established two acquisition vehicles as wholly owned subsidiaries. Silvercloud plc and Marwyn European Transport plc will pursue opportunities in the luxury goods sector and the European transport sector respectively. In September 2011, MMP announced that it had bought the entire issued share capital of Praesepe Plc.

MMP runs acquired businesses alongside experienced operational managers with strong and demonstrable track records of managing and building small and mid-cap businesses.

www.marwynmp.com

About Marwyn European Transport plc

Marwyn European Transport plc (MET) was launched as a wholly owned subsidiary of Marwyn Management Partners plc (MMP) in February 2011. The Board believes there are attractive investment opportunities in European public transport markets and intend to create shareholder value through a properly executed acquisition led strategy.

The Board intends to focus initially on some of Europe's largest bus markets, which are well understood by the company.