RNS Number:7518T
Murray Financial Corporation PLC
31 December 2003

                        Murray Financial Corporation PLC

                        Acquisition of Chartcity Limited

Further to the announcement on 29 December 2003 where it was reported that
Murray Financial Corporation PLC ("MFC" or the "Company") had acquired the share
capital of Chartcity Limited from Resurge plc, the Directors of MFC, with the
exception of Messrs. Constable and Rowland (who by nature of their position as
directors of both parties to the transaction are considered related parties and
have therefore abstained from any decisions relating to the transaction), can
confirm, having consulted ARM Corporate Finance Limited, the Company's newly
appointed nominated adviser, that the terms of the acquisition are fair and
reasonable insofar as its shareholders are concerned.

For further information, please contact:

Philip Reid, Chairman, Tel; 07789 555544
Alan MacKenzie, ARM Corporate Finance Limited, Tel; 020 7512 0191

Date: 31 December 2003




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