Acquisition of Dream Group Limited
16.05.2007

The directors of Multi are pleased to announce that the Company has today agreed to acquire 99.97% of the issued share capital of Dream Group Limited (“Dream”) (the “Acquisition”). This follows an announcement by the Company on 10 November 2006 that it was in discussions regarding a potential acquisition which would, if successful, constitute a reverse under the AIM Rules.

Dream is a private company that specialises in providing outsourced solutions to the policing sector & has enjoyed particular success in providing solutions to the majority of UK police constabularies. In addition to providing outsourcing, Dream also provides recruitment solutions to the Education & Healthcare sectors.

The Company is also pleased to announce a significant strengthening of its board with the appointment of Bob Morton, a successful entrepreneur with substantial public company experience who is currently Chairman of a number of other public companies including Armour Group, Harrier Group, Tenon Group, Lorien Plc and St Peter Port Capital Limited, and John Foley, another successful public company director who until recently served as CEO of Maclellan Group plc until its successful disposal to Interserve Plc in 2006 for £120 million, to the roles of Non Executive Chairman and Non Executive Director respectively.

The Company is further pleased to announce that it has received excessive demand for an attendant fund raising. The Company now proposes to raise £4 million, before expenses, through a placing of 16,000,000 Ordinary Shares of 10 pence each at a price of 25 pence per share. The proceeds of the placing will be used to provide working capital for the expansion of the company’s outsourcing capability, whilst also meeting the expenses of the transaction, paying down a proportion of Dream’s existing indebtedness.

Related Matters

Under the AIM Rules, the Acquisition is classified as a reverse take-over and as a consequence requires the approval of shareholders in general meeting. It is also considered to be a transaction with a related party.

As part of the proposals the Company is intending to simplify its share structure and provide a more appropriate share price on AIM by consolidating every one hundred ordinary shares of 0.1 pence each (0.1p Ordinary Shares”) into one ordinary share of 10 pence (“10p Ordinary Shares”).

In addition, the Company is proposing to apply to the Court for consent to transfer the balance on its share premium account and capital redemption reserve account to its profit and loss account so that , at a suitable point in the future the Company may declare dividends.

In order to retain and reward key staff and to attract other successful executives the Company proposes to adopt certain employee incentive arrangements upon completion of the transaction.

It is also intended that the Company’s name be changed to Servoca Plc and anticipated that the enlarged share capital of Servoca Plc will be admitted to trading on AIM following approval of the proposals at the EGM to be held on 7 June 2007.

Further Information on the aquisition is available on request by writing to:

The Company Secretary
Servoca Plc
41 Whitcomb Street
London
WC2H 7DT