MFG Miller Fisher

RNS Number:1678K
Miller Fisher Group PLC
8 May 2000


 Miller Fisher acquires the business of Brian Collins &
    Associates in further expansion drive in Ireland

Miller  Fisher Group plc, through Miller  Farrell  Group
Ltd,  its Irish loss adjusting subsidiary, is to  acquire
the  business of Brian Collins & Associates in a  further
expansion drive in the Irish and UK Markets.

The  consideration for the acquisition will be a  maximum
of  IR#550,000,  payable in cash, of which  65%  will  be
payable on completion, with the balance payable in  equal
amounts  in  each of the subsequent two years subject  to
the  fulfilment of performance criteria.   The  Directors
of  Brian Collins & Associates have undertaken to utilise
50%  of  the consideration paid to subscribe in cash  for
new  ordinary shares in Miller Fisher Group  plc  at  the
average  mid  market price for the three  days  prior  to
consideration being paid.

Brian Collins & Associates will be incorporated into  the
Miller  Farrell  Group  and  following  integration  both
companies  will move to new Headquarters at  the  Merrion
Centre, Ballsbridge, Dublin.

The  move is a direct response by both companies  to  the
ongoing  consolidation within the insurance sector  which
has  seen  new  and  enlarged  groupings  demanding  ever
increasing  levels of resources and expertise from  their
preferred support partners.

Currently,  the Miller Farrell Group is the  largest  and
leading   provider   of   loss   adjusting   and   claims
administration services in the Irish market and  operates
through  a nation-wide network of 13 offices covering  32
counties.

Brian  Collins & Associates has, over the past 10  years,
established itself as one of the leading liability  third
party   claims   administrators  in  the   Irish   market
delivering  a  first class professional  service  in  all
areas.

The company made the pioneering move for an Irish firm in
this sector of setting up a London market office to serve
Irish  business.  The company also has offices in Dublin,
Cork and Galway.   These offices will be amalgamated with
existing  Miller Farrell offices in these  locations  and
the  total number of employees in the enlarged Group will
be 120.

Brian  Collins,  Managing Director  of  Brian  Collins  &
Associates,  stated  'The amalgamation  of  our  existing
resources with those of the wider Miller Farrell  network
will create opportunities to develop our organisation  as
part   of  a  group  sharing  similar  philosophies   and
corporate  culture.  Our clients will  be  retaining  all
that  is  best  about Brian Collins &  Associates  -  our
flexibility, our capacity to innovate, our dedication  to
top  quality service - and they will be gaining the  full
resources  of one of the leading international groups  in
the field.  Both organisations can now combine to provide
a real independent outsourcing alternative.'

Commenting  on  the developments, Malcolm  Hughes,  Chief
Executive   of  the  Miller  Farrell  Group  said   'This
acquisition   will  add  considerably  to  our   existing
'network   of   strength'.  Together  with   our   recent
acquisition   of   the   business   of   travel    claims
administrator France Charsley Ireland, it will enable  us
to  further strengthen our position as Ireland's  leading
independent   providers  of  claims  and   administration
services to the insurance industry'.

For further information, please contact:

Miller Farrell Group                   00353 1 661 5344
Malcolm Hughes, Chief Executive

Grandfield                                0207 417 4170
Clare Abbot/Kirsty Black


END

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