RNS Number:3262K
Watermark Group PLC
24 April 2003

For immediate release: 24 April 2003


          Watermark Group Completes M'n'H Recycling Acquisition

Watermark Group plc ("Watermark"), the provider of marketing support services to
the international travel industry, is pleased to announce the completion of the
acquisition of M'n'H Recycling Limited ("M'n'H"), as the relevant tax clearance
has now been granted by the Inland Revenue.



John Caulcutt, Chief Executive of Watermark, commented "The acquisition of M'n'H
enhances the services we can offer to the airlines and enables them to lower
their operating costs. Furthermore it is consistent with our aim of providing a
total above the wing support services package for the airline industry."



For further information please visit www.watermarkplc.com or contact:


John Caulcutt, Chief Executive                         John West
Crispin Quail, Finance Director                        Rosie Brown
Watermark Group plc                                    Tavistock Communications
Tel: 01489 897800                                      Tel: 020 7600 2288
e-mail: info@watermarkplc.co.uk                        e-mail: jwest@tavistock.co.uk




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