SUMU Sumus

RNS Number:7812K
Sumus plc
31 December 2007

                                   Sumus Plc
                           ("Sumus" or the "Company")

            Issue of Equity in connection with deferred consideration 
                         payable for acquisition of FSAS

Sumus Plc, the AIM listed holding company for IFA businesses providing
investment and financial advisory services and network support services to IFA
firms, is pleased to announce that in accordance with the terms of the sale and
purchase agreement of its acquisition of Financial Services Advice and Support
Limited ("FSAS") in September 2006, deferred consideration of �1,063,132 is
payable, half in cash and half by the issue of 1,158,094 new ordinary shares of
0.5p each ("New Ordinary Shares").

Application has been made for the admission of the New Ordinary Shares to
trading on AIM and dealings are expected to commence therein on 4 January 2008.
The New Ordinary Shares will, when issued, rank pari passu with the Company's
existing ordinary shares of 0.5p each, including the right to receive all
dividends and other distributions hereafter declared, made or paid.

Contacts:

Sumus Plc             Allan Rosengren, CEO     0117 933 0701/07973 511941
0117 933 0777         Peter Smith, FD          0117 933 0754/07713 885286

Arbuthnot Securities  Tom Griffiths
020 7012 2000         Neil Kirton

Winningtons Financial Tom Cooper               0797 122 1972
0117 920 0092         Paul Vann




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

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