DOR Doriemus

 
TIDMTEX 
 
19 October 2009 
 
                            TEP EXCHANGE GROUP PLC 
 
                           ("TEP" or "the Company") 
 
                          Related Party Transactions 
 
Further to the announcement of the Company's results for the year ended 31 
December 2008 announced earlier today, the Company announces that the Directors 
have recently agreed with Surrenda-Link Limited (a 48.26 per cent. shareholder) 
a deferral of certain none current outstanding charges to no earlier than 31 
December 2010. Furthermore, the Directors have recently agreed with 
Surrenda-Link Limited support for a working capital facility of up to GBP150,000 
which will remain in place until 31 December 2010 and the parties have agreed 
an interest rate of 6 per cent. per annum on the amount utilised by the 
Company. 
 
Both transactions are related party transactions, under the AIM Rules. The 
directors consider, having consulted with the Company's nominated adviser, 
Merchant John East Securities Limited, that the terms of the transactions are 
fair and reasonable as far as its shareholders are concerned. 
 
Further enquiries: 
 
TEP Exchange Group plc 
 
David Roxburgh                                             00 353 1 260 7746 
 
Merchant John East Securities Limited 
 
John East/Simon Clements                                       020 7628 2200 
 
 
 
END 
 

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