VST Vista Group

RNS Number:9332Q
Purple Spot Limited
27 March 2008



Purple Spot Limited Immediate Release

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART INTO THE UNITED
                 STATES OF AMERICA, CANADA, AUSTRALIA , JAPAN,
                    THE REPUBLIC OF IRELAND OR SOUTH AFRICA

RECOMMENDED OFFER FOR VISTA GROUP PLC BY ACORN CORPORATE FINANCE LIMITED ON
                         BEHALF OF PURPLE SPOT LIMITED

    OFFER UPDATE - OFFER DECLARED UNCONDITIONAL IN ALL RESPECTS AND LEVEL OF
                                  ACCEPTANCES

27 March 2008

On 4 March 2008, the Directors of Purple Spot Limited ("Purple Spot") and the
Directors of Vista Group Plc ("Vista ") announced the terms of a Recommended
Offer for Vista . The Offer was made by Acorn Corporate Finance Limited
("Acorn") on behalf of Purple Spot. The Offer Document was posted to Vista
Shareholders on 4 March 2008. The offer was extended by the announcement made on
25 March 2008.

At the time the Offer Document was posted, Purple Spot had obtained irrevocable
undertakings to accept, or to procure the acceptance of, the Offer from certain
Vista Shareholders (including the Directors) in respect of 9,638,474 Vista
Shares being approximately 62.66 per cent. of Vista's issued share capital
("Committed Shares"). In respect of the Committed Shares, as at 12.00 p.m.
(London time) on 27 March 2008, valid acceptances had been received in respect
of 9,638,474 Vista shares for the Offer being approximately 62.66 per cent. of
the issued share capital of Vista .

In addition, as at 12:00 p.m. (London time) on 27 March 2008, valid acceptances
had been received for the Offer in respect of 4,345,419 Vista Shares being
approximately 28.25 per cent. of the issued share capital of Vista .

In total, as at 12:00 p.m. (London time) on 27 March 2008, valid acceptances for
the Offer have been received in respect of 13,983,893 Vista Shares, representing
approximately 90.91 per cent. of the issued share capital of Vista .

Save as publicly disclosed, neither Purple Spot nor any person acting, or deemed
to be acting, in concert with Purple Spot has acquired or agreed to acquire any
Vista Shares or rights over Vista Shares during the Offer period.

Purple Spot announces that the Offer has become unconditional as to acceptances
and that all other conditions have been waived. Accordingly the Offer is
declared unconditional in all respects.

The Offer will remain open for acceptance until further notice. Not less than 14
days' notice will be given by Purple Spot to Vista Shareholders who have not
accepted the Offer before the Offer is closed.

Application will now be made to the London Stock Exchange for the cancellation
of the admission of, and trading in, Vista shares on AIM.

Vista Shareholders who wish to accept the Offer and who have not done so should
complete their Form of Acceptance in accordance with the instructions printed
thereon and return it as soon as possible by post to Neville Registrars, 18
Laurel Lane, Halesowen, West Midlands B63 3DA. Additional Forms of Acceptance
are available from Neville Registrars by telephoning 0121 585 1131 (or if
calling from outside the UK +44 121 585 1131).

Consideration to which any Vista Shareholder is entitled under or in consequence
of the Offer will be posted within 14 days of today's date in respect of
acceptances received by that date which are valid and complete in all respects,
and within 14 days of the date of receipt in respect of any further acceptances
which are received after today's date and which are valid and complete in all
respects.

Definitions used in the Offer Document dated 4 March 2008 apply also to this
announcement unless the context otherwise requires.



ENQUIRIES:

Acorn Corporate Finance Limited                       0870 122 5420
Harry Dutson



The Offer will not be made in or into, and will not be capable of acceptance in
or from the United States of America, Canada, Australia, Japan, The Republic of
Ireland or South Africa. Accordingly, copies of this document, the Offer
Document, the Form of Acceptance and any other related document are not being,
and must not be, directly or indirectly mailed or otherwise forwarded,
distributed or sent in or into the United States, Canada, Australia, Japan, The
Republic of Ireland or South Africa. Doing so may render invalid any purported
acceptance of the Offer. The availability of the Offer to persons who are not
resident in the United Kingdom may be affected by laws of the relevant
jurisdiction. Persons who are not resident in the United Kingdom should inform
themselves about and observe any applicable requirements. Custodians, nominees
and trustees should observe these restrictions and should not send or distribute
the document or any accompanying documents in or into the United States, Canada,
Australia, Japan, The Republic of Ireland or South Africa.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy securities in the United States, Canada, Australia, Japan, The
Republic of Ireland or South Africa or in any other jurisdiction in which such
an offer or solicitation would be unlawful.

The directors of Purple Spot accept responsibility for the information contained
in this document. To the best of the knowledge and belief of the directors of
Purple Spot (who have taken all reasonable care to ensure that such is the
case), the information contained in this document for which they are responsible
is in accordance with the facts and does not omit anything likely to affect the
import of that information.

Acorn is acting exclusively for Purple Spot and no one else in connection with
the Offer and will not be responsible to anyone other than Purple Spot for
providing the protections afforded to clients of Acorn or for providing advice
in relation to the Offer and other matters described in this document.

END




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