Result of EGM

RNS Number:0914O
Acquisitor PLC
29 July 2003


                                                                    29 JULY 2003



                             ACQUISITOR PLC ("ACQ")

                        ("ACQUISITOR" or "the Company")

                  (Ticker: Reuters ACQ.L or Bloomberg: ACQ LN)

            AUTHORITY GRANTED TO ISSUE UP TO 125 MILLION NEW SHARES

The Board of Acquisitor Plc ("the Company"), the AIM-listed investment company,
is pleased to report that further to its 26 June 2003 statement, all the
resolutions proposed at the Extraordinary General Meeting today were passed
unanimously.

The authority to issue up to 125 million new shares and disapply statutory
pre-emption rights, will allow the Company to raise additional funds of
approximately #50 million (at last published net asset value) over the next 18
months.

The directors believe that the Company requires additional funds to enable it to
investigate, pursue and fund the numerous acquisition opportunities potentially
available to it in the UK and continental European markets.

                                   ---ENDS---


Enquiries:


Acquisitor Plc                                                 020 7581 4455
Tim Lovell, Finance Director
www.acquisitor.com

KBC Peel Hunt Ltd                                              020 7418 8900
Adam Hart

Barnes and Walters Ltd                                         020 7430 1600
Maxine Barnes
Dominic Barretto


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