BWA Group Plc
LSE : BWAP

March 14, 2011 09:00 ET

Investment in Zyzygy Plc

                                                                                     14 March 2011
                                                           
                                                                                      GB0033877555
                                           BWA Group Plc
                                     ("BWA" or the "Company")
                                                 
                                     Investment in Zyzygy Plc

The  Directors are pleased to announce a further investment in line with the Company's  investment
strategy.

In  BWA's interim report for the six months ended 31 October 2010, the Company stated that it  had
committed to invest up to £25,000 in a delisted AIM company as part of a corporate rescue of  that
company.  BWA is pleased to announce that on Friday 11 March 2011, Zyzygy Plc ("Zyzygy") posted  a
circular  to  its  shareholders in connection with an Open Offer at 0.25p per Ordinary  Share  and
capital reorganisation to allow it to apply for admission to trading on the PLUS-quoted Market  as
an  Investment  Vehicle.  On  17 January 2011, Richard Battersby was  appointed  as  non-executive
Chairman  of Zyzygy and James Butterfield was appointed as a non-executive director of  Zyzygy  to
assist with these proposals.

The  amount  of £25,000 has already been committed by BWA to pay for certain fees and expenses  of
Zyzygy in connection with its restructuring. In return, BWA is entitled to receive 25,000,000  new
Ordinary Shares in Zyzygy after the General Meeting on 4 April 2011. BWA is also to receive a  fee
of  £50,000  for  its  services  to Zyzygy, which is to be settled  by  the  issue  of  50,000,000
additional new Ordinary Shares in Zyzygy.  All these shares will be allotted to BWA at  par  value
of 0.1p per share.

Richard Battersby, Chairman, commented "BWA is pleased to have been able to assist Zyzygy  in  its
reconstruction;  this is a further example of BWA deploying its capital in a  manner  which  could
enhance shareholder returns".

The Directors of BWA Group Plc are responsible for the contents of this announcement.

For further information please contact:

BWA Group Plc
Richard Battersby (Chairman)                                                 07836 238172

St Helens Capital Partners LLP
Mark Anwyl or Duncan Vasey                                                   020 7368 6959
                                                 
                                                 

Contact Information

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