RNS Number:8629T
PM Group PLC
05 January 2004

PM GROUP PLC ("PM GROUP")



Allotment of shares



The Board is pleased to announce that a total of 174,499 ordinary shares of 10
pence each have been allotted on 18 December 2003 as consideration for the
acquisitions of MD Techniek BV and MD Technik GmbH (together ("the MDT Companies
").



The acquisitions were completed on 19 September 2003 and announced on 22
September 2003.  The consideration payable has been subject to confirmation of
the net asset positions at 19 September 2003.  174,499 PM Group shares have been
allotted to the vendors, representing #282,687 based on the closing middle
market price for the five preceding business days of 162 pence per share,
together with #231,617 in cash, giving a total consideration of #514,304.



Application has been made for the admission of the 174,499 ordinary shares to
the Alternative Investment Market of London Stock Exchange plc.




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