The shareholders of Next Fifteen Communications Group plc (AIM: NFC) authorized a share repurchase program at its Annual General Meeting on January 24, 2012. Under the program, the company will repurchase up to 5,640,859 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for such shares is 2.5p. The maximum price (exclusive of expenses) which may be paid is not more than 5% above the average of the middle-market quotations for ordinary shares taken from the London Stock Exchange Daily Official List for the five business days immediately before the date such purchase is made. The authority hereby conferred shall expire at the conclusion of the next Annual General Meeting or on April 23, 2013, whichever is earlier. As of November 3, 2011, the company had 56,408,594 shares in issue.

Next Fifteen Communications Group plc's share repurchase program expired on January 29, 2013. The company has made no repurchases.