MFG Miller Fisher

RNS Number:5978C
Miller Fisher Group PLC
25 April 2001


Immediate release                                                 25 April 2001

                           MILLER FISHER GROUP plc


                            OUTCOME OF DISCUSSIONS


On 30 March 2001, the Board of Miller Fisher Group plc ("the Group"), the
provider of support services to the insurance and financial services
industries, confirmed that preliminary discussions were continuing with
potentially interested parties that might or might not lead to an offer being
made for the Group, and that shareholders would be informed of the outcome of
these discussions in due course.


The Board has concluded that further continuation of these discussions is
unlikely to result in proposals that it could recommend being put to
shareholders in a reasonable period of time. The Board wishes to end this
period of uncertainty and accordingly these discussions have now been
terminated.


The Board of Miller Fisher believes that the Group's strategy of developing
third party administration and support services for the insurance and
financial services industries remains soundly based and will deliver benefits
to shareholders over the medium term.


For further information please contact:

Miller Fisher Group
Kevin Kenny - Chief Executive                                     020 7398 8700
Richard Horton - Finance Director

Grandfield
Clare Abbot                                                       020 7417 4170

HSBC
Andrew Galloway                                                   020 7336 9000
Nigel Lake


The Directors of Miller Fisher accept responsibility for the information
contained in this announcement. To the best of the knowledge and belief of the
directors of Miller Fisher (who have taken all reasonable care to ensure that
such is the case), the information contained in this announcement is in
accordance with the facts and does not omit anything likely to affect the
import of such information.


HSBC Investment Bank plc ("HSBC"), which is regulated in the UK by The
Securities and Futures Authority Limited, is acting exclusively for Miller
Fisher and no-one else in connection with any offer and, accordingly, will not
be responsible to anyone other than Miller Fisher for providing the
protections afforded to customers of HSBC, nor for providing advice in
relation to any offer or any matter referred to herewith.

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