RNS Number:5740W
Stanley Gibbons Group Limited
16 March 2004


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

                 Purchase of Own Shares and Directors' Dealings

At its AGM in April 2003, a Special Resolution was passed giving Stanley Gibbons
authority to purchase up to 3,656,500 of its own shares. The Company announces
that yesterday it purchased 1,322,394 of its Ordinary 1p Shares for cancellation
at a price of 80p per share.

Paul Fraser, whose shareholding in the Company exceeded 28.9%, yesterday sold
525,000 Ordinary Shares at 80p each, taking his shareholding to 6,726,719
shares, which represents 28.1% of the reduced share capital of the Company. This
sale has enabled the share buy back to proceed without triggering an offer for
the Company under the Rules of the Takeover Code.

Timothy Dunningham, a Non Executive Director, yesterday sold 225,000 Ordinary
Shares at 80p each. Following the sale his holding is 2,679,500 shares which
represents 11.2% of the issued share capital of the Company.

Stephen Feigen, a Non Executive Director yesterday sold 25,000 Ordinary Shares
at 80p each. Following the sale his holding in the Company is 25,000 shares
which represents less than 1% of the issued share capital of the Company.

After the cancellation, the total number of shares in issue will be 23,959,882.

As stated in its final results announced on 26 February 2004, the Company has
demonstrated its intention to return surplus cash to shareholders and focus on
shareholder value. The buyback will improve earnings per share in 2004.






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

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