Disposal of Subsidiary

RNS Number:5971Y
EQ Group PLC
19 June 2007


19th June 2007

                                  eq group plc

                        ("eq", "group" or the "Company")

                             Disposal of Subsidiary


The Board of eq announces that on 18 June 2007 it agreed to dispose of Broadnet
Limited ("Broadnet") for a consideration of #280,000, payable in cash, which
will be used to reduce borrowings.


Broadnet provides software services to the commercial radio industry, which has
further consolidated in recent months. Its disposal forms part of the Board's
previously announced strategy to focus the group on its core market research
skills and services.


In the year to 31 December 2006 Broadnet had profits after tax of #112,019 and
net assets as of that date of #113,395. Subsequently dividends of #173,354 were
distributed to eq group plc prior to disposal.


For further information

Bob Bond, Chief Executive, eq group plc - 07747 032478

Joanne Lake, Evolution Securities - 0113 243 1619


Notes to Editors:

eq group plc is a marketing services group that enables major organisations to
make intelligent marketing decisions. Founded in March 2000 it came to AIM in
May 2000. There are three operating companies in the group, Quaestor, which
specialises in market research and strategy, Buckingham Research, which
specialises in market research and data modelling and Summit Studios which
provides viewing and recruitment services to the research industry.






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

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