OFEX HOLDINGS PLC - EGM RESULT

Following the announcements made on 19 December 2003 relating to the proposed
placing of new shares and conversion of loan notes, an Extraordinary General
Meeting of OFEX Holdings plc was held at 11am on 12th January 2004.

At the EGM, all resolutions were duly passed by members of the Company.

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



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