NEV Neville Porter

    Neville Porter plc
                       ("Neville Porter" or the "Company")
                                        
                      Proposed Company Voluntary Agreements

12 May 2008


Further to the announcement made on 17 April 2008, the Board of the Company, in
conjunction with its advisers, has been seeking to clarify its financial
position.  Following this review, the Company has appointed Antony Batty &
Company LLP, Licensed Insolvency Practitioners, to propose Company Voluntary
Agreements ("CVA") for the Company and its two subsidiaries.  A circular
detailing the Board's proposals for the future of the Company and convening an
Extraordinary General Meeting will be sent to shareholders in due course.

A CVA is a legally binding contract between an insolvent company and its
creditors.  The CVA is supervised by a Licensed Insolvency Practitioner ("IP").
The IP will inform all creditors in advance of a creditors' meeting, at which
the creditors will vote on a repayment proposal, drafted by the IP. The proposal
needs a 75 per cent majority (based on the value of the debts owed) to be
passed. Once it is passed, creditors will not be able to pursue debts in the
normal way. They must abide by the repayment plan in the proposal. The Company
Voluntary Arrangement (CVA) procedure was established by the Insolvency Act 1986
to provide means for the turnaround of financially troubled but viable small
firms; it a very flexible approach to an insolvent situation and can be tailor
made to a company's needs.

A further announcement will be made as soon as possible.


For further information, contact:

Company

Neville Porter plc

Simon Walters                               07714 237 523
Neville Porter                              07920 100 400

Broker

SVS Securities plc

Richard Morrison
Peter Manfield                              020 7638 5600

Nominated Adviser

Blomfield Corporate Finance Ltd

Nick Harriss                                020 7512 0191


Antony Batty & Company LLP                  020 7831 1234

Michelle Barthel

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