NOTICE TO HOLDERS OF EMI GROUP FINANCE (JERSEY) LIMITED US$243,343,000 5.25 PER
CENT. GUARANTEED CONVERTIBLE BONDS DUE 2010 (ISIN XS0176780517) (THE "BONDS")

Following the recent issue by EMI Group plc of Euro425,000,000 8.625 per cent.
Senior Notes due 2013, the guarantors of such Senior Notes have, with effect
from 9 October 2003, become additional guarantors in relation to the Bonds.  
Such additional guarantors (being subsidiaries of EMI Group plc) are:

(1) EMI Music International Services Limited;
                                             
(2) Virgin Records Limited;                  
                                             
(3) EMI Music Publishing Limited;            
                                             
(4) EMI Records Limited;                     
                                             
(5) EMI Group International Holdings Limited;
                                             
(6) EMI Group Finance plc;  and,             
                                             
(7) VRL 1 Limited.                           
                                             

EMI Group Finance (Jersey) Limited

9 October 2003

Contact:

EMI Group plc

Claudia Palmer, Head of Investor Relations, tel: +44 20 7795 7635

Amanda Conroy, Senior VP, Corporate Communications, tel: +44 20 7795 7529



END