Result of EGM

RNS Number:5284I
Lowe(Robert H.) PLC
10 March 2003

For immediate release

10 March 2003

                       Robert H Lowe Public Limited Company
                            ("RHL" or the "Company")

Result of EGM and Open Offer

Further to the announcement made on 13 February 2003, the Company is pleased to
announce that all the resolutions put to the shareholders of the Company at the
annual general meeting and extraordinary general meeting held today were duly
passed. The resolutions were in relation to, inter alia, the acquisition of
Smart Approach Limited ("Acquisition"), the placing of 79,812,000 new ordinary
shares of 1p each ("Ordinary Shares"), the open offer of 18,720,876 new Ordinary
Shares and the change of name of the Company to Smart Approach Group plc.
Accordingly, the Company's name will be changed to Smart Approach Group plc in
due course.

The open offer closed at 3.00 p.m. on 6 March 2003.  Valid applications were
received in respect of 6,899,827 new Ordinary Shares representing 36.86 per
cent. of the Ordinary Shares offered to shareholders of the Company.
Consequently Strand Associates Limited, the underwriters of the issue, will
subscribe for 11,821,049 new Ordinary Shares under the open offer at the issue
price of 2.5p, representing approximately 3.18 per cent. of the issued share
capital of the Company as enlarged by the allotment of the initial consideration
shares, the placing shares and the open offer shares.

Completion of the Acquisition is expected to take place at 8.00 a.m. on 11 March
2003 when the 142,000,000 initial consideration shares allotted to the vendors
are expected to be admitted to trading on the Alternative Investment Market ("
AIM"). The 131,046,137 existing Ordinary Shares and the 60,000 cumulative
preference shares of #1 each are also expected to be re-admitted to trading on
AIM as shares in Smart Approach Group plc at that time.

Admission of the 98,532,876 new Ordinary Shares of Smart Approach Group plc,
issued pursuant to the placing and the open offer, to trading on AIM, is
expected to occur at 8.00 a.m. on 12 March 2003.

Rodney Potts, Chris Goulden, Mike Ormesher, Glenn Bartholomew, Pete Brosnan and
David Hurst-Brown will be appointed additional directors of the Company with
effect from completion of the Acquisition.

Enquiries:

Robert H Lowe Public Limited Company
David Sebire                             [phone]

Smart Approach Limited
Rodney Potts                             [phone]

Strand Partners Limited
Rory Murphy, Director                    [phone]



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