27 June 2008

                            TEP Exchange Group plc                             

                                ("the Company")                                

                            Statement re Suspension                            

The Company has today requested an immediate suspension of trading of its
ordinary shares on AIM as it is unable to publish its audited results for the
year ended 31 December 2007 in accordance with the AIM Rules.

The Company is in the process of finalising its audited accounts and these are
expected to be announced and posted to shareholders as soon as possible.

A further statement will be made in due course.

For further information please contact:

 

TEP Exchange Group plc                                                      
                                                                            
David Roxburgh                                             00 353 1 668 7782
                                                                            
John East & Partners Limited                                                
                                                                            
John East/Simon Clements                                       020 7628 2200



END



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