RNS No 7379x
POLICY MASTER GROUP PLC
5th January 1999


Further to the announcement dated 16 October 1998, the
company today has issued 131,926 ordinary shares at #1.895
as part of the consideration for the acquisition of Swift
Financial Systems - the specialist life and financial
services software writer.

Application has been made for these shares to be admitted to
trading on AiM with effect from 14 January 1999.


END

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