RNS Number:3312J
Hanover Capital Group PLC
28 March 2003



27 March 2003

          Hanover Capital acquires the debt of Prestige Publishing Plc

Hanover Capital Group Plc ("Hanover" or the "Company"), the AIM quoted mining
investment company, has acquired from the professional advisers and other
creditors of Prestige Publishing Plc ("Prestige") the outstanding debt amounting
to #222,447.95. These creditors have agreed to accept ordinary shares of 1p each
in Hanover in full and final settlement of their debts. This now means that
Hanover is a major shareholder of Prestige.

It is proposed that Prestige will settle the debt now owed to Hanover through
the issue of 2,780,599 ordinary shares of 1p each in the capital of Prestige at
a price of 8p each. Hanover will not call for the capitalisation of this debt,
however, until such a time as Prestige completes its proposed investment in the
mining sector.

                                     -Ends-

For further information please contact:

Simon Robinson/ Ana Ribeiro

Parkgreen Communications

020 7287 5544


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