RNS 6729m
LOPEX PLC
19th May 1998

                         Lopex PLC
            Issued by Granville Markets Limited
                     AVS Number 964409
       For immediate release on Tuesday 19 May 1998
          Contact: Russell Cook on 0171 488 1212

                         LOPEX PLC
                ("Lopex" or the "Company")
                             
              Passing of resolution granting
             authority to buy back own shares
                             
Lopex announce that the special resolution proposed at
yesterday's AGM, to give the Company authority to purchase
up to a maximum of 10 per cent. of its issued ordinary
share capital, has been passed.

PRESS ENQUIRIES:

Tom Chandos, Chairman
Peter Thomas, Chief Executive
Lopex plc
Tel:  0181 254 1790

or:

M Alex Borrelli
Granville Markets Limited
Tel:  0171 488 1212


END

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