Stanley Gibbons Group Limited
20 May 2003


20 May 2003

The Stanley Gibbons Group Limited ("Stanley Gibbons" or "the Group")

STANLEY GIBBONS LAUNCHES AUTOGRAPH PRICE INDEX

With interest in alternative investment gaining momentum and prices for
autographed material continuing to rise, Fraser's, the autograph and memorabilia
division of Stanley Gibbons, has launched its 'SG100 Autograph Price Index' to
provide an accurate and objective measure of the current state of the market.

As any collector will tell you, the prices being asked and paid for top quality
material provide evidence that the financial future for autographs is very good
indeed. However, there has clearly been a need for an accurate and authoritative
guide to assist both collectors and non-specialist investors in identifying the
opportunities open to them.

The SG100 Autograph Price Index

Fraser's, which marks its 25th anniversary of trading this year, is Europe's
largest dealer in autographs and memorabilia. It has designed the index to
provide the definitive measure of overall market performance and a yardstick
against which to measure individual price increases. Fraser's believes that it
will serve to highlight the real price increases being achieved, especially
amongst the rarer and more desirable items.

The index is based on actual prices for 100 of the world's most sought after and
frequently traded autographs and includes selected items from all major
collecting areas.

It measures the price difference between 1997 and 2002 and will be updated on a
monthly basis on the Fraser's website, www.frasersautographs.com.

Index Performance

The index has increased by 19% per annum, which equates to a cumulative increase
of 138.9% over the five year period. This compares very favourably with other
forms of investment, especially when measured against recent stock market falls,
and the current low interest rate/low inflation environment.

Price rises are even more impressive over a ten-year period. An original signed
NASA photograph of Neil Armstrong, astronaut and first man to set foot on the
moon, which sold for #300 in 1993, now retails at #1950. A set of undedicated
signatures from all four members of the Beatles, which in 1993 could have been
purchased for #750, now sells for #7950.

Paul Fraser, founder of Fraser's and now Chairman of Stanley Gibbons comments:

' Autographed items are both a collectable and a tangible asset and the scarcity
of supply of some of the biggest names, coupled with an expanding demand from a
growing collector base, has forced prices higher. We believe that the launch of
the SG100 Autograph Price Index will enable investors, dealers and collectors to
make informed decisions based on factual, up-to-date information on the
autograph market and that purchasers of quality examples listed in the index
will continue to see an uplift in value in the years to come.'

                                     -Ends-





For further information, please contact:

Paul Fraser - Chairman   Tel: 020 7836 8444

Michael Hall - Joint Chief Executive Tel: 01425 472363

Richard Purkis - PR    Tel: 020 7557 4428




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

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