NEW OFEX MARKET MAKER SET TO GO LIVE

OFEX is delighted to announce that its first additional market maker, Teather &
Greenwood ("Teathers") is set to start trading at 8am on Monday 27th October.
The formal membership application procedure has been successfully completed and
Teathers will begin by trading four securities, in the role of specialist,
breaking the tradition of the OFEX market operating with a sole specialist
market maker, J P Jenkins Limited.  Teathers will operate as a specialist on a
non-competing basis.  All trading information on all OFEX securities will be
available on www.ofex.com and will be distributed to our data partners:
Reuters, Bloomberg, Thomson Financial, Telekurs and FT Interactive
(incorporating Comstock).

Jonathan Jenkins, Joint MD of OFEX, noted: "Everyone at OFEX welcomes Teathers
on board as our first additional specialist.  Their first day's trading will be
a landmark for OFEX, and we wish them every possible success". 

The Board of OFEX notes that it has also received indications of interest from
other market makers concerning joining the market. Such has been the positive
response to this initial enlargement of the market, OFEX is now gauging the
timescale, cost and impact of a potential further expansion into the realms of
a competing market maker system, following discussions with J P Jenkins
Limited, Teathers, and, amongst others, Winterflood Securities. 

More information on any developments will be released in due course.  

NOTES TO EDITORS

ABOUT TEATHER & GREENWOOD

Teather & Greenwood Limited is one of the UK's leading independent stockbrokers
including a small & mid-cap and investment funds team, offering corporate
finance, sales and market making services and an award-winning research product
to institutional and corporate clients. In addition, it has dedicated teams
providing large-cap institutional sales, bonds, tax-efficient solutions and
private client services. 

Teather & Greenwood Limited is the principal operating company of Teather &
Greenwood Holdings plc.  For more information on Teather & Greenwood Limited
and its services, please visit the company's website: www.teathers.com

ABOUT OFEX

OFEX plc operates the OFEX market in the United Kingdom.  The OFEX market
provides a share trading platform for the securities of unlisted and unquoted
companies.  OFEX plc is authorised and regulated by the Financial Services
Authority. In its brief history, OFEX has created a market in which over 450
companies have raised over GBP1bn using the broad membership of Member
corporate advisers and broker/dealers.

OFEX Holdings plc successfully floated on the London Stock Exchange's
Alternative Investment Market in late April 2003.

For further information please contact Jonathan Jenkins on 020 7423 0800 or
enquiries@ofex.com



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