DISCLAIMER - Issued by the Directors and Management of CBG Group Plc ("The Company")

Research analysts have from time to time published material commenting on
The Company. Any opinions, estimates or forecasts regarding The Company's
performance made by such analysts are theirs alone and do not represent
opinions, forecasts or predictions of The Company or its Management. By
distributing the information below The Company does not imply its
endorsement of or concurrence with such information. The Company does not
accept any responsibility whatsoever for the views of these or any other
analysts reporting on The Company.

By clicking here to read the Broker Report - Zeus Research March 2007
you are agreeing to the disclaimer above.