RIN Rii

RNS Number:5448G
RII PLC
17 December 2004





FOR IMMEDIATE RELEASE                                     17 December 2004

                                    RII plc
                            ("RII" or the "Company")

The Board of RII plc announces that, following instructions from holders of
#10,000 Unsecured Zero Coupon Convertible Loan Notes 2011 ("Loan Notes"), it
agreed on 16 December 2004 to allot 2,898,550 ordinary shares of 0.1p at 0.345p
per share in accordance with the terms of the Loan Note Instruments.

The aggregate issue of 2,898,550 ordinary shares represents 1.97% of the
enlarged issued share capital.

Application has been made for 2,898,550 ordinary shares of 0.1p to be admitted
to trading on AIM.

Name of contact and telephone number for queries:
Jeremy Gorman, Company Secretary - 020 7935 0027

For and on behalf of RII PLC
Jeremy Gorman
Company Secretary



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

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