FOR RELEASE

7.00 AM

01 July 2009

BAQUS GROUP PLC

("Baqus" or "the Group")

(the building consultancy and quantity surveying group)

Acquisition of Nigel Rose Group

Baqus is pleased to announce the acquisition of the Nigel Rose Group, which consists of Nigel Rose LLP and Nigel Rose Management Limited (together "Nigel Rose"). The consideration for the acquisition will be based on Nigel Rose's adjusted net assets as at 30 June 2009 and will be satisfied through a cash payment on or before 30 September 2010.

The Nigel Rose business was established in 1964 as a firm of Chartered Quantity Surveyors and operates from four offices in London, Cheltenham, Wokingham and Warrington enabling it to offer nationwide coverage. The majority of work in 2008 was in residential (30%), healthcare (16%), transport (11%) and education (19%) sectors.

The professional services undertaken by Nigel Rose have developed since its origins and now embrace the roles of Cost Manager, Procurement Manager, Commercial Manager and Project Manager together with Risk Management, CDM (Construction, Design & Management) Co-ordinator services, Value Engineering and Dispute Resolution/Expert Witness services.

Nigel Rose LLP was incorporated on 8 January 2008 and, following the transfer of the original business of Nigel Rose and Partners, commenced trading on 1 April 2008.  Nigel Rose Management Limited was incorporated on 24 December 1991 and provides Project Management services.

In the nine months ended 31 December 2008, Nigel Rose reported a profit of £246,062 before members' remuneration and profit shares on fee income of £1,275,585. Net assets at 30 December 2008 were £158,469.

Clive Sayer, the Chief Executive of Baqus, commented:

"Working closely with the key people at Nigel Rose, we have identified a number of areas when we can expand the business while, at the same time, reducing costs. More importantly, it will increase the number of sectors in which we have a significant presence and I am confident that it will make a good addition to the Baqus Group."

Contact:

Baqus Group plc

Clive Sayer (Chief Executive)                         07967 132 221

Patrick Lineen (Finance Director)                    07818 034 452

Seymour Pierce (Nominated Adviser and Broker)

Mark Percy                                                 020 7107 8000

Cubitt Consulting (Financial Public Relations Advisers)

Brian Coleman-Smith / James Verstringhe         020 7367 5100

Background Note:

Baqus was admitted to trading on AIM on the 14 December 2007, having raised £1.75 million through a placing of 17,500,000 Ordinary Shares.

Baqus is a national building consultancy and quantity surveying group offering construction cost consultancy, project management and building surveying services to clients in the UK. The Group works across a number of business sectors including: health, education, leisure, hospitality, affordable housing, residential, commercial and conservation. Clients include local authorities, central government, NHS, residential Housing Associations, commercial companies and developers.

The Quantity Surveying Market in the UK, estimated to be worth in excess of £1 billion, is highly fragmented and dominated by a small number of major players, which the Baqus Group Directors believe make it ripe for consolidation. Since the Group's admission to AIM, they have been pursuing a strategy of acquiring small to medium sized Quantity Surveying practices across the country, having so far successfully boosted Baqus's share of the education and public sector market through the acquisition of Sworn King and Partners and also signed a share option agreement with Liverpool based transport and infrastructure specialist, Brian Hannaby & Associates. Once acquired, the practices are incorporated into the wider Group with a particular emphasis on exploiting opportunities for operational synergies with existing business units.

RNS news service provided by Hemscott Group Limited.