REG-Next Fifteen Comm Statement in Response to Press Speculation

LONDON--(Business Wire)--

The board of Next Fifteen has noted the article in yesterday`s Sunday Telegraph
and can confirm that it has received two approaches to acquire the entire issued
share capital of the Company.

Whilst considering these approaches, the board wishes to make it quite clear
that discussions with the parties concerned are at a very early stage. It is
emphasised that these discussions are preliminary and that there is no certainty
that any offer will be forthcoming. Accordingly shareholders in Next Fifteen are
advised that they should take no action at this stage.

A further announcement will be made in due course.

In accordance with Rule 2.10 of The Takeover Code, the Company confirms that as
at close of business on 8 May 2009, it had the following relevant securities in
issue:

54,083,299 ordinary shares of 2.5p each.

The ISIN number for these securities is GB0030026057

Enquiries:

BDO Stoy Hayward LLP (Financial adviser to Next Fifteen)
Michael Cobb 020 7486 5888

A copy of this announcement is available on the Company`s website at
www.nextfifteen.com

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any
person is, or becomes, "interested" (directly or indirectly) in 1% or more of
any class of "relevant securities" of Next Fifteen Communications Group plc, all
"dealings" in any "relevant securities" of that company (including by means of
an option in respect of, or a derivative referenced to, any such "relevant
securities") must be publicly disclosed by no later than 3.30 pm (London time)
on the London business day following the date of the relevant transaction. This
requirement will continue until the date on which the offer becomes, or is
declared, unconditional as to acceptances, lapses or is otherwise withdrawn or
on which the "offer period" otherwise ends. If two or more persons act together
pursuant to an agreement or understanding, whether formal or informal, to
acquire an "interest" in "relevant securities" of Next Fifteen Communications
Group plc, they will be deemed to be a single person for the purpose of Rule
8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of Next Fifteen Communications Group plcby Next Fifteen
Communications Group plc or by any potential offeror, or by any of their
respective "associates", must be disclosed by no later than 12.00 noon (London
time) on the London business day following the date of the relevant transaction.
A disclosure table, giving details of the companies in whose "relevant
securities" "dealings" should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel`s website at
www.thetakeoverpanel.org.uk.

"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Panel`s website. If you are in any doubt as to whether or not you are required
to disclose a "dealing" under Rule 8, you should consult the Panel.

Next Fifteen Communications Plc

Copyright Business Wire 2009