RNS Number:4021R
Drew Scientific Group PLC
28 October 2003


Drew Scientific Group PLC ("the Company")

Issue of equity

At a board meeting of the Company held yesterday the board allotted 1,000,565
new ordinary shares of 1 pence each.  The shares have been issued to Medisys PLC
("Medisys") at 164.5 pence per share in consideration for the redemption of the
redeemable preference shares in the Company issued to Medisys under the terms of
the joint development and operating agreement established by the two companies
in March 2000.  Furthermore Drew and Medisys have formally terminated the joint
development and operating agreement and the loan agreement made between them in
March 2000.

Application will be made for the new ordinary shares to be admitted to the
Official List and to trading on the London Stock Exchange's market for listed
securities as soon as practicable.




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