RNS Number:6850N
PM Group PLC
17 July 2003

PM GROUP PLC ("PM GROUP")

Allotment of shares

The Board is pleased to announce that a total of 271,552 ordinary shares of 10
pence each have been allotted on 17 July 2003 as consideration for the
acquisitions of 75 per cent. of Waste Collection Systems Belgium NV ("WCS
Belgium") and 75 per cent. of Waste Collection Systems BV ("WCS Holland").

The acquisition of WCS Belgium was completed on 6 February 2003 and announced on
7 February 2003.  The consideration payable has been subject to confirmation of
WCS Belgium's net asset position at 31 January 2003.  150,862 PM Group shares
have been allotted to the vendors, representing a total consideration of
#218,750 based on yesterday's closing middle market price of 145 pence per
share.

The acquisition of WCS Holland was completed and announced on 7 March 2003.  The
consideration payable has been subject to confirmation of WCS Holland's net
asset position at 7 March 2003.  120,690 PM Group shares have been allotted to
the vendor, representing a total consideration of #175,000 based on yesterday's
closing middle market price of 145 pence per share.

Application has been made for the admission of the 271,552 ordinary shares to
the Alternative Investment Market of London Stock Exchange plc.


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