RNS Number:1346S
Country & Metropolitan PLC
17 November 2003


For Immediate Release                                     17 November 2003

                          Country and Metropolitan PLC
                                 EGM Statement

An Extraordinary General Meeting of Country and Metropolitan plc was held to
approve resolutions relating to the Placing and Open Offer of approximately
5,050,521 New Ordinary Shares at 165 pence per share and other matters. The
Placing and Open Offer was subject to the approval of the shareholders of
Country and Metropolitan plc at the Extraordinary General Meeting. The
shareholders voted in favour of all the resolutions presented to the
Extraordinary General Meeting.


Stephen Wicks, Chief Executive of Country and Metropolitan plc commented on
today's announcement:


"We are delighted to have received such strong backing from new and existing
shareholders.


The fact that we are able to inject over #7.9 million of fresh funding into the
Company presents the board with a golden opportunity to continue the excellent
progress made over the last 12 months.


We are extremely confident that our strategy of focusing on developing mixed use
brownfield projects together with the stated expansion of our successful
affordable housing schemes will continue to drive the future growth across the
Group."




Enquiries

Country & Metropolitan PLC
Stephen Wicks, Chief Executive                                01895 824 111


Buchanan Communications Ltd
Mark Edwards/Jeremy Garcia                                    020 7466 5000




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