RIN Rii

0.00

0.00 (0.00%)

- - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Rii	LSE:RIN	London	Ordinary Share	GB0007383234	ORD 0.1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0.00	-

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Loan Note Conversion

21/12/2004 5:20pm

UK Regulatory

RNS Number:7072G
RII PLC
21 December 2004





FOR IMMEDIATE RELEASE 21 December 2004

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

The Board of RII plc announces that, following instructions from a holder of
#50,000 Unsecured Zero Coupon Convertible Loan Notes 2011 ("Loan Notes"), it
agreed on 20 December 2004 to allot 14,492,753 ordinary shares of 0.1p at 0.345p
per share in accordance with the terms of the Loan Note Instrument.

The resulting holding of 14,492,753 ordinary shares represents 8.97% of the
enlarged issued share capital.

Application has been made for 14,492,753 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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