Result of AGM

RNS Number:2855N
Alexon Group PLC
08 June 2005


Alexon Group PLC



                                  ALEXON GROUP PLC

                                   RESULT OF AGM

At the Annual General Meeting held on 7 June 2005 all the resolutions contained
within the Notice of Meeting were passed.

Other than the ordinary business of the meeting, the following resolutions were 
passed as special business :

9.  To approve the directors' remuneration report for the 52 weeks ended
on 29 January 2005.


10. That the directors be and are hereby empowered pursuant to section 95
(1) of the Companies Act 1985 to:


(a) subject to the passing of resolution 8, allot equity securities
(as defined in section 94 of the Companies Act 1985) for cash pursuant to the
authority conferred by resolution 8 as if section 89(1) of the said Act did not
apply to any such allotment; and


(b) sell relevant shares (as defined in section 94(5) of the said
Act) in the Company if, immediately before the sale such shares are held by the
Company as treasury shares (as defined in section 162A(3) of the said Act)
("treasury shares") for cash (as defined in section 162D(2) of the said Act), as
if section 89(1) of the said Act did not apply to any such sale,


provided that such power shall be limited to the allotment of equity securities
and the sale of treasury shares:


(i) in connection with a rights issue, open offer or any other
pro-rata offer in favour of ordinary shareholders where the equity securities
are proportionate (as nearly as practicable) to the respective number of
ordinary shares held by such holders but subject to such exclusions or other
arrangements as the directors may deem necessary or desirable in relation to
fractional entitlements, treasury shares or legal or practical problems arising
in, or pursuant to, the laws of any territory or the requirements of any
regulatory body or stock exchange in any territory; and


(ii) otherwise than pursuant to (i) above, up to an aggregate
nominal amount of #295,600

and this power shall expire at the conclusion of the Annual General Meeting of
the Company to be held in 2006 or 6 December 2006, whichever is the earlier,
save that the Company may at any time before the expiry of such power make any
offer or enter into any agreement which would or might require equity securities
to be allotted, or treasury shares to be sold, after the expiry of such power
and the directors may allot equity securities or sell treasury shares in
pursuance of any such offer or agreement as if the power conferred hereby had
not expired.

Contact:

Robin Piggott       Finance Director     01582 723 131
Alexon Group







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