8171
hotgroup (The) PLC
01 September 2005



PRESS RELEASE

1 September 2005


                    HOTGROUP TO BE ACQUIRED BY TRINITY MIRROR

                CREATING A POWERFUL NEW FORCE IN UK RECRUITMENT


The hotgroup plc ("the hotgroup" or "the Company") is delighted to announce that
subject to certain conditions, Trinity Mirror plc has agreed terms on which it
will offer to acquire the entire issued share capital of recruitment specialist
the hotgroup in a cash deal. The offer price is 20.25 pence per share, valuing
the hotgroup at approximately £50.5 million. The deal will bring together one of
the UK's leading recruitment groups and one the UK's largest media organisations
to create a powerful new force in recruitment.

The hotgroup's strategy of combining an online and traditional recruitment model
has proved successful since its launch in 1999. The Company achieved its
position of strength through making fourteen acquisitions since launch,
including ten in the last 16 months and notably Workthing.com from the Guardian
Media Group in September 2004, driving profits growth. Online profitability was
up over 80% in the last six months of 2004 and group profits overall at the last
set of interim results were up steeply to £2.728m (before goodwill amortisation,
exceptional items, interest and taxation), compared to a loss of £0.398m in the
year ended 31 August 2003.

The hotgroup's position of strength has clearly made it an attractive target to
major players in the industry and media players such as Trinity Mirror, as it
remained the only significant online player outside of media group ownership.

The offer price of 20.25 pence is highly beneficial to shareholders,
representing a significant premium to the price prior to announcing an approach
had been received. This represents a premium of 72.3% over the closing price of
the Company on 21 June 2005 of 11.75 pence.

The hotgroup founder Harvey Sinclair, Managing Director Online and Chris
Herrmannsen, Managing Director Recruitment Consultancy, will remain with the
hotgroup as it will be run as a separate company within Trinity Mirror. Tony
Reeves will remain as Chairman while the company is integrated into the Trinity
Mirror Group.

Commenting, Tony Reeves, Chairman of the hotgroup said:

"Today's acquisition of the hotgroup by Trinity Mirror is the culmination of
years of building the Company into a leading UK recruitment firm. The hotgroup
will now benefit from the enhanced financial strength of Trinity Mirror, and
employees from their drive and vision for bringing new technology and media
solutions to the recruitment industry. Shareholders will benefit from this
highly favourable cash offer.

"I feel very proud of what everyone at the hotgroup has achieved together over
the last few years and I am excited about what the hotgroup will offer in the
future."

Press Enquiries:

Tony Reeves                                       (020) 7000 9994
the hotgroup PLC

James Hogan / Rachel Quigley                      (020) 7404 5959
Brunswick Group LLP


Notes to editors:

About the hotgroup plc


   • Listed on AIM (HOT.L), the hotgroup plc is a unique technology-led
    recruitment company combining online and traditional recruitment solutions


   • The company is led by Tony Reeves, formerly CEO of the Delphi Group &
    co- founder of Office Angels. Harvey Sinclair is Managing Director of the
    online business, Chris Herrmannsen, Managing Director of the recruitment
    consultancy business, and Steve Wright, Chief Financial Officer


   • Company head office is based at Kensington Village, London, W14 8TS



                      This information is provided by RNS
            The company news service from the London Stock Exchange