RNS Number:6240B
Helphire Group PLC
07 August 2007

For release at 07.00 Tuesday 7th August 2007

                Helphire Group plc ('Helphire' or the "Company")

 Commercial Agreement with CS2 Lawyers Limited, acquisition of the CS2 Group of
       legal services companies and agreement of new banking facilities.

Helphire today announces that it is growing its legal services and claims
management operations by a commercial agreement with CS2 Lawyers Limited and the
acquisition of a group of legal services businesses.

Helphire has entered into a long-term commercial arrangement with CS2 Lawyers
Limited, which manages uninsured loss recovery (ULR) legal cases, and has
acquired CS2 Group of companies ('CS2 Group'), comprising Fleet Legal Limited, a
vehicle fleet accident manager, E-Claim Limited, a provider of legal expenses
insurance and Medirep Marketing Limited, a medico-legal reporting agency.
Helphire's total investment in these new operations is ?10.7million (?10m net of
cash balances) and is being financed out of the new banking facility described

The CS2 Group is based in Chesterfield in Derbyshire and has over 200 employees.
CS2 Lawyers handled over 10,000 Uninsured Loss Recovery (ULR) motor claims
last year.  Fleet Legal Limited provided accident management services to over
60,000 vehicles.  E-Claim provides before-the-event legal expense insurance
policies to a policyholder base in excess of 100,000.  Medirep is an in-house
medical reporting agency which arranges reports for injured victims of accidents
whose claims are being handled by CS2 Lawyers Limited.

In the financial year to 31 March 2007, the CS2 Group had turnover of ?8.4m and
made a profit before interest and tax of ?1.9m. This investment in the legal
services market is anticipated to realise significant cost and revenue synergies
and strengthens the position of the Helphire Group as a market leader in motor
claims management.

The Company also announces that it has entered into new banking facilities with
its syndicate of banks.  A ?150m facility incorporating term loans and a
revolving facility have been put in place from 1 August 2007 at a cost ranging
from 0.95% to 1.4% above LIBOR dependant upon specific financial ratios.


Mark Jackson, CEO Helphire Group                  01225 321 205

Chris Steele, Adventis Financial PR               020 7034 4759 / 07979 604 687

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