CED Close Enhanced

RNS No 0225n
CEDARDATA PLC
6th March 1998


PLACING OF 1,584,100 NEW ORDINARY SHARES TO RAISE #2.37
MILLION ("the Placing")


Cedardata plc announces that 1,584,100 new ordinary shares
of 5 pence each in the Company ("the Placing Shares") have
been placed with institutional and other investors at a
price of 150 pence per share to raise approximately #2.37
million before expenses. The Placing has been effected to
strengthen the Company's working capital in the light of
recent acquisitions.

Application has been made to the London Stock Exchange for
the Placing Shares to be admitted to the Official List.  The
Placing Shares will rank pari passu with the existing
ordinary shares of 5 pence each in the share capital of the
Company.

The Placing is conditional, inter alia, on the admission of
the Placing Shares to the Official List of the London Stock
Exchange becoming effective, which is expected to occur on
11 March 1998, when dealings in the Placing Shares are
expected to commence.

For further information,  please contact:

Michael Harrison, Managing Director, Cedardata plc Tel: 0181 949 7057

Chris Ellis, Finance Director, Cedardata plc

END

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