RNS Number:8977I
Angus & Ross PLC
18 March 2003


ANGUS & ROSS PLC ("Angus & Ross" or "the Company")

Issue of Shares

On 17 March 2003, the Board of Angus & Ross resolved that 2,500,000 new ordinary
shares of 1p each in the capital of the Company be issued and allotted, at a
price of 5p. The proceeds of the placing, #125,000.00, will be used as working
capital for the Company.

These new shares will rank pari passu in all respects to the existing ordinary
share capital of the Company.

Following the issue of shares detailed above, the issued share capital of the
Company will be 34,225,923 ordinary shares of 1p each.

Application has been made to AIM for the admission of 2,500,000 ordinary shares
of 1p each. Dealings are expected to commence on Monday 24 March 2003.



Enquiries:

Robin Andrews, Chairman, 01751 430 988



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

LISDVLFFXXBBBBV