BAQUS GROUP PLC

("Baqus" or "Group")

(National Construction Consultancy and Quantity Surveying Group)

Availability of Report and Accounts

Following the AGM on 16 December 2008, the report and accounts for the year ended 30 June 2008, which have been posted to shareholders, are available on the Company's website, www.baqus.co.uk.

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 Group

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.

The Group has been established to create a national building consultancy and quantity surveying group offering construction cost consultancy, project management and building surveying services. The three founding firms work across a number of business sectors including: residential, health, education, commercial, leisure, hospitality, affordable housing and conservation. Clients include commercial companies, developers, local authorities, central government, NHS and Housing Associations. The Group is seeking to expand into other sectors including infrastructure, civil engineering and transportation.

Baqus currently comprises four established building and quantity surveying consultancies: Boxall Sayer, Denley King, Fletcher McNeill and Sworn King who joined the Group in August. The combined Group covers a broad geographical area with offices located in Canterbury, Chichester, Lichfield, Liverpool, London, Manchester, Oxford, Poole, St Albans and Winchester.

The Quantity Surveying Market, which is highly fragmented, is estimated to be worth £1.3 billion and is dominated by a small number of major players. Baqus' Directors believe the market is ripe for consolidation and are in the process of pursuing a strategy of selectively acquiring small to medium sized Quantity Surveying practices across the country which fit the board's criteria. Once acquired, the practices will be developed to produce strong organic growth, whilst capitalising on opportunities for synergies with the rest of the Group.

RNS news service provided by Hemscott Group Limited.