Newcourt Group plc : Notice of EGM

Newcourt Group plc (‘Newcourt’ or the ‘Company’) (LSE:NEW) (ISE:NEW), a leading, Irish based, support services group, today announced that a circular has been sent today to shareholders to convene an Extraordinary General Meeting (EGM) of the Company. The purpose of the EGM is to seek shareholder approval to increase the authorised share capital of the Company and to increase its authorities. A summary of a statement by Newcourt Chairman, James Osborne, contained in the Circular is set out below:- "Since its foundation in 2002, Newcourt has developed and grown by means of a number of strategic acquisitions in the outsourced services and recruitment sectors, coupled with strong organic growth within the underlying businesses that it has bought. We are currently reviewing a number of acquisition opportunities in Ireland and the UK, some of which are large relative to Newcourt’s existing market value. In order to avail of these opportunities, and others that may arise, we may need to raise additional capital or issue shares as consideration at short notice. The current authorisations and limitations may be insufficient for these purposes and the time required to increase them could put us at a competitive disadvantage. Having given this matter careful consideration, your board has decided to seek shareholder approval for certain amendments to the necessary authorisations in advance to enable us to move quickly when required. Shareholders should note that the board does not intend to exercise the new authorities unless in the context of significant acquisitions of the kind contemplated above. Your Directors consider that it is in the interests of the Company to pass the resolutions set out in the Notice of Extraordinary General Meeting. Your Directors intend to vote in favour of the resolutions in respect of their own beneficial shareholdings which together amount to 8,474,467 ordinary shares representing approximately 9.9% of the existing issued share capital of the Company.” The EGM will be held at the offices of A&L Goodbody, International Financial Services Centre, North Wall Quay, Dublin 1 on Thursday 19 July 2007 at 9.30 am to seek shareholder approval to increase the Company's authorised share capital and its authority to issue and allot shares. Copies of the circular are available from A&L Goodbody, International Financial Services Centre, North Wall Quay, Dublin 1. Newcourt also announces that it has issued 319,543 ordinary shares at €1.662 each, amounting to €531,080, as part of the deferred consideration payable for the acquisition of Ecom Interaction Services Limited in May 2006. Application will be made for the new ordinary shares to be admitted to trading on the IEX market of the Irish Stock Exchange and the AIM market of the London Stock Exchange. About Newcourt Group plc Newcourt is a leading provider of support services, employing over 2,700 staff throughout the island of Ireland. The Group has two primary operating divisions: Support Services & Student Accommodation and Recruitment & Aviation Outsourcing. Contacts Damien Murray   Newcourt Group   Tel: +353 1 668 8242 Mark Kenny/Jonathan Neilan   K Capital Source   Tel: +353 1 631 5500 Email:Newcourt@kcapitalsource.com