RNS Number:5354L
BRITANNIC GROUP PLC
27 May 2003


EMBARGOED UNTIL 7 am                                                27 May 2003

                      BRITANNIC GROUP PLC


Britannic Group confirms that it is in talks with the Paragon Group of Companies
regarding the potential sale of Britannic Money, its specialised mortgage
lending subsidiary.

A further announcement will be made in due course.








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