Approval of Resolutions

RNS Number:1809Q
Grampian Hldgs PLC
18 January 2002

Friday 18 January 2002

                           Grampian Holdings p.l.c.

                   (To be renamed The Malcolm Group p.l.c.)

           Extraordinary General Meeting - Approval of resolutions



"The Board of Grampian Holdings plc announces that shareholders voted at
today's EGM in favour of the resolutions approving the proposed return of
capital to shareholders, subject to Court confirmation, and the change of name
of the Company to The Malcolm Group p.l.c.



The Board has fixed the price for the cancellation of the ordinary shares at
85.0p per share, representing a premium of 8.3% over the middle market price
at the close of business yesterday.  The Board will now proceed with an
application to the High Court for sanction of a reduction in capital as
described in the circular to shareholders dated 21 December 2001.



Forms of election should be sent out to shareholders on 22 January 2002 and it
is anticipated that the Court hearing will take place on 20 February 2002."









Enquiries:



Sir Donald Mackay, Chairman

Mike McGill, Finance Director

Grampian Holdings p.l.c./The Malcolm Group            Telephone: [phone]



Jeremy Lucas
Deutsche Bank                                         Telephone: [phone]



Richard Day
Cazenove & Co. Ltd                                    Telephone: [phone]



John Bick
Holborn Public Relations                              Telephone: [phone]



Tom Cassidy
Media House                                           Telephone: [phone]