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July 2008

ACUMEN ANNOUNCES APPOINTMENT OF TWO NEW DIRECTORS

Leading accountancy and financial services company Acumen Group, has announced Steve Mitchell and Steven McKenzie have both been appointed directors of Acumen Accountants and Advisors Limited with immediate effect.

Steve Mitchell has spent the last 13 years at Acumen, starting as a trainee accountant, before working his way to associate in 2006 and becoming head of corporate commercial and tax dealing with acquisitions and disposals, management buyouts, financial due diligence, restructuring, employee share schemes and strategic reviews and planning.

Steven McKenzie joined Acumen as an associate in January 2007, previously working for Scottish and Southern Energy plc and KPMG. Since his arrival Steven has established Acumen's Edinburgh office and has now become head of accounting and audit in both Edinburgh and Aberdeen.

The pair will work closely together in the Aberdeen office ensuring clients continue to receive a first class service. Business development will be a major part of both men's roles in attracting new income streams to Acumen. Other duties will include recruiting staff and handling the day-to-day responsibilities for Acumen.

Steve Mitchell said: "I am delighted to be playing a significant role with Acumen having progressed so far with the company and I am looking forward not only to maintaining the levels of business activity but continuing to increase growth."

Steven McKenzie said: "I am very proud to get the chance to direct and develop the company and working with the people that make up our team. I am looking forward to the challenges ahead and progressing and developing Acumen Accountants and Advisors Limited not only in Aberdeen and Edinburgh, but across the UK."

Sandy Robertson, group managing director at Acumen said: "The Acumen Group is continuing to grow and strengthen and both men have been great assets to the Group. Steven has been instrumental in developing the Edinburgh office and Steve in building up the corporate and commercial unit here in Aberdeen. I would like to congratulate both of them on their appointments and wish them every future success."

 
Companies in the Acumen Group include Acumen Accountants and Advisors Limited, Acumen Financial Planning Limited and Acumen IT Consultancy Limited. Acumen Financial Planning Limited are authorised and regulated by the Financial Services Authority. Acumen Accountants and Advisors Limited are registered to carry out audit work and are regulated for a range of investment business activities by the Association of Chartered Certified Accountants but are not authorised and regulated by the Financial Services Authority. Acumen Financial Planning Limited, Registered in Scotland number 215343, VAT Number 894 6221 94. Acumen Accountants and Advisors Limited, Registered in Scotland number 153885, VAT Number 894 6221 94. Acumen IT Consultancy Limited, Registered in Scotland number 284749, VAT Number 859 474862. Acumen Holdings (Aberdeen) Limited, Registered in Scotland number 215503, VAT Number 894 6221 94. Registered office, Commercial House, 2 Rubislaw Terrace, Aberdeen, AB10 1XE.