Highlights:

• Acquisition of DXI for a net consideration of not more than £8.5m, payable in cash on completion, which is expected to be in early July.  The acquisition will be financed from a proposed increase of existing facilities with Barclays Bank plc.
• The acquisition fits well with Maxima's existing infrastructure managed services business and will add breadth and scale, as well as creating cost synergies.
• The Board anticipates that the acquisition will be earnings enhancing in the company's financial year ending 31 May 2009 (see note 1).
• The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services sector.

Maxima Holdings plc, (AIM: MXM), the integrated IT solutions and managed services company, today confirms it has completed the acquisition of the trade and assets of Eclectic Group Limited, a subsidiary of Glen Group plc (AIM: GLN), which was announced on 19 December 2007.

The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services sector and is anticipated to be earnings enhancing in the year ending 31 May 2009.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

Acquisition Highlights:

• Total consideration of up to £3.0m payable in cash, expected to be financed from Maxima's operational cash flows and existing facilities with Barclays Bank plc.
• The transaction is subject to approval of shareholders of Glen Group plc in a general meeting to be held on 4 January 2008.
• The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services sector.
• The Board anticipates that it will be earnings enhancing in the Company's financial year ending 31 May 2009.

Based near Stansted with 41 employees, Centric will be immediately integrated with Maxima's existing infrastructure managed service business.  The management team will remain with the business as part of the Maxima group.

Maxima Holdings plc, (AIM: MXM), the acquisitive IT solutions and managed services company, is pleased to announce the acquisition of Centric Networks Limited ("Centric") for a total consideration of up to £6.4m payable in cash and shares.

Maxima Holdings plc, (AIM: MXM), the acquisitive IT solutions and managed services company, is pleased to announce that the acquisition of 3net Limited, conditionally announced on 1 May 2007 successfully completed today.

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