CART Carter&Cart

RNS Number:5361K
Carter & Carter Group PLC
21 December 2007


For Immediate Release                                           21 December 2007



                                        
                            Carter & Carter Group plc

                       ("Carter & Carter" or "the Group")
                                        
                                     Update

The Company continues to be in active discussions with its lenders and key
stakeholders for the restructuring of the business. At this time the Company can
confirm that significant progress has been made and that it is hoped that
agreement and implementation of a restructuring proposal can be achieved early
in the New Year. A restructuring would seek to ensure the financial stability of
the business and the continued high level of service to its customers. The
Learning and Skills Council (LSC) has been involved in the discussions to date.
Further details on the progress of the restructuring will be made in the New
Year.

Enquires                    0115 945 7200
Carter and Carter Group
Rodney Westhead                     
John Ensall

Rothchilds                  0113 200 1900
David Forbes                         
Andrew Merrett








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

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