Faces Cosmetics Announcements

New Franchise Agreement

28 April 2008 14:16:47

Faces Cosmetics PLC
28 April 2008

Faces Cosmetics plc

("Faces Cosmetics" or "the Company")

("branded cosmetics, skin care and anti-aging products")

INTERNATIONAL EXPANSION INTO SOUTH AMERICA

South America Development Begins in Ecuador

The establishment of a network of franchisees in South America has commenced in
Ecuador with an Area Development Agreement starting with 5 locations. The site
of the first FACES location has already been identified in the Mall del Rio
Shopping Centre where a new phase is currently being built.

The South American market should represent a growth opportunity for FACES
products and services, which have been well received by consumers as part of the
franchisee appointment process.

The entry into Ecuador is a first step for the Company to pursue further
expansion in neighboring countries and, ultimately, throughout South America.
Contacts:

Faces Cosmetics plc
Ramesh Jolly
Chief Executive Officer
Tel: +1(905) 760 0110 Ext.112
www.facescosmetics.com

Nominated Adviser
Dowgate Capital Advisers Limited
Jim McGeever
Tel: +44 (0) 20 7492 4777
END
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