EQI EQ Grp

RNS Number:3749C
EQ Group PLC
11 October 2002

                                  EQ GROUP PLC


                            APPLICATION FOR ADMISSION



eq group plc ("eq group"), the marketing services group, announces that further
consideration has been paid to the former owners of Broadnet Limited
("Broadnet") as a result of outperformance against profit targets set at
completion for the 12 month period to 30 June 2002.  Broadnet was acquired by eq
group on 6 August 2001.  The further consideration comprises 46,997 fully paid
ordinary shares of 10p each in eq group (the "Further Consideration Shares") and
#144,939 of bank guaranteed loan notes.



Application has been made for the Further Consideration Shares to be admitted to
trading on AIM and dealings in such shares are expected to commence on 17
October.



Commenting, Bob Bond, Chief Executive of eq group, said:



"I am delighted with Broadnet's performance over the year to June 2002.  They
have maintained their position as the UK's leading supplier of advertising
scheduling software to the radio industry and have diversified into other areas
such as consultancy, training and bespoke systems development."



For further information, please contact:



eq group plc

Bob Bond, Chief Executive

Telephone: 01422 301917



Binns & Co PR Limited

Keeley Clarke/Sophie Morton

Telephone: 0113 242 1171


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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