24 December 2007

                           STERLING GREEN GROUP PLC                            

                      ("Sterling Green" or the "Company")                      

                            Placing raises �550,000                            

The Board announces today that it has conditionally raised �550,000, before
expenses, from a Placing of 22,000,000 ordinary shares in the capital of the
Company ("Ordinary Shares") at 2.5p per share (the "Placing Shares") with
institutional and other investors.

The net proceeds of the Placing, amounting to approximately �530,000, will
provide additional working capital to support the expected growth of the
Company and provide working capital generally.

Following the issue of the Placing Shares, the Company will have 271,675,390
Ordinary Shares in issue. Application will be made for the Placing Shares to be
admitted to trading on AIM. Dealings in these shares are expected to commence
on 4 January 2008.

 

Enquiries:

Sterling Green Group plc                                   Tel: 0161 975 5757
                                                                             
Michael Edelson                                                              
                                                                             
John East & Partners Limited                               Tel: 020 7628 2200
                                                                             
Simon Clements/David Worlidge                                                
                                                                             




END
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