DET Deltron Elec.

RNS Number:7305V
Abacus Group PLC
15 December 2005


For immediate release                                           15 December 2005


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO
THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO
DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION


                        Abacus Group plc ("Abacus") and
                      Deltron Electronics plc ("Deltron")

                    Recommended offer for Deltron by Abacus
                        Results of Shareholder meetings


The boards of Abacus and Deltron are pleased to announce that the Abacus
Extraordinary General Meeting, the Deltron Extraordinary Meeting and the Deltron
Court Meeting (together the "Shareholder Meetings"), held earlier today in
relation to the recommended offer for Deltron by Abacus, have all received the
overwhelming support of their respective shareholders.

At the Abacus Extraordinary General Meeting, the resolution approving the
Acquisition was passed.

At the Deltron Court Meeting a majority in number of shareholders, voting either
in person or by proxy, and representing 99.99 per cent. in value of votes cast
(being 24,466,939 voted out of a total of 24,470,339 votes cast), voted to
approve the Scheme of Arrangement.

At the Deltron Extraordinary General Meeting, which followed immediately after
the conclusion of the Deltron Court Meeting, the special resolution proposed was
passed.

Implementation of the Scheme remains conditional upon the satisfaction of the
Conditions set out in the Scheme Document posted to Deltron Shareholders on 22
November 2005.

Provided that the Court sanctions the Scheme of Arrangement and confirms the
associated reduction of capital at the Court Hearing scheduled to take place on
16 January 2006, it is anticipated that, on 17 January 2006, the Scheme of
Arrangement will become effective and dealings in New Abacus Shares will
commence on the London Stock Exchange's market for listed securities.  New
Abacus Shares will be credited to CREST accounts on the same date.  It is
expected that certificates for New Abacus Shares will be despatched by not later
than 31 January 2006.

Commenting on the outcome of the Shareholder Meetings, Harry Westropp, Chairman
of Abacus, said:

"The combination of Abacus and Deltron will produce a company strong in product,
people and geography.  We look forward to a highly successful future together."

Copies of the resolutions passed at the Shareholder Meetings have been submitted
for publication to, and will be available for inspection by the public from
tomorrow at, the UK Listing Authority's Document Viewing Facility which is
situated at: Financial Services Authority, 25 The North Colonnade, Canary Wharf,
London E14 5HS (tel. no. +44 (0)20 7066 1000) during normal business hours on
any weekday (public holidays excepted) until 17 January 2007.

Terms used in this announcement shall have the same meaning as in the Prospectus
dated 22 November 2005 which was sent to Abacus Shareholders and Deltron
Shareholders.


Enquiries:

Abacus Group plc                                                 (01635) 36222
Martin Kent, Chief Executive Officer
Peter Allen, Chief Financial Officer

Deltron Electronics plc                                          (01638) 561 156
Christopher Sawyer, Group Chief Executive
Derek O'Neill, Group Finance Director

Hoare Govett Limited (financial adviser and broker to Abacus)    (020) 7678 8000
John MacGowan
Justin Jones
Sean Wegerhoff

Hawkpoint Partners Limited (financial adviser to Deltron)        (020) 7665 4500
Christopher Darlington
Jeremy Millard

Evolution Securities Limited (broker to Deltron)                 (020) 7071 4300
Tim Worlledge

Buchanan Communications                                          (020) 7466 5000
Tim Anderson
Mary-Jane Johnson



Hoare Govett Limited, which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting exclusively for Abacus and no-one
else in connection with the Acquisition and will not be responsible to anyone
other than Abacus for providing the protections afforded to clients of Hoare
Govett Limited nor for providing advice in relation to the Acquisition.

Hawkpoint Partners Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for Deltron
and no-one else in connection with the Acquisition and will not be responsible
to anyone other than Deltron for providing the protections afforded to clients
of Hawkpoint Partners Limited nor for providing advice in relation to the
Acquisition.




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

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