RNS Number:8825T
fountains PLC
06 January 2004



                         fountains plc ("The Company")


Pursuant to the exercise of options under the Fountain Forestry 1998 Approved
Share Option Scheme over a total of 10,000 new ordinary shares of 5p each in the
company ("New Ordinary shares"), application has been made to the London Stock
Exchange for admission to trading to the Alternative Investment Market
("Admission").

Admission of the New Ordinary shares is expected to occur on 9 January 2004.


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