RNS Number:8196B
Bridgewell Group PLC
09 August 2007

9 August 2007

                              Bridgewell Group plc

                 Recommended Takeover by Landsbanki Islands hf

    Suspension of Trading in and Cancellation of the Admission of Bridgewell
                             Ordinary Shares on AIM

Bridgewell announces that trading in their shares is suspended forthwith. The
Scheme is expected to become effective this afternoon and the cancellation of
the admission to trading of Bridgewell Ordinary Shares on AIM will take place at
7 am on Friday 10th August 2007.

Capitalised terms in this announcement have the meanings that they have in the
document sent to Bridgewell shareholders containing the Scheme dated 16 June
2007.



Press enquiries:
Bridgewell
Paul Manduca / Darren Ellis                                        020 7003 3000
Maitland (PR adviser to Bridgewell)
Neil Bennett                                                       020 7379 5151
Brewin Dolphin Securities Limited (NOMAD)
Ken Fleming                                                        0845 213 1120




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

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