Contract Win - Replacement

RNS Number:2775M
Maiden Group PLC
12 June 2003

The following replaces "Maiden Group plc, Contract Win" released today 15.38 at
under RNS number 2694M.


The amendment is in the title, the words "street furniture" is replaced by "
billboard".


All other details remain unchanged.  The full amended text is below.


12 June 2003



                                   MAIDEN GROUP PLC

             Maiden wins #20 million billboard contract for Manchester



Maiden Group plc, the outdoor advertising group announced today that it has won
the contract for Manchester City Council's large-format outdoor sites. The
contract, which Maiden will assume control of in the Autumn, will run for 10
years, and is expected to generate advertising revenues of #20 million.



Manchester currently has over 200 outdoor panels, most of which are 48-sheet
formats. Maiden plans to redevelop and invest in these sites from the
commencement of the new contract, with a total capital expenditure of
potentially #1.0 million.



As the second most important media market in the UK, Manchester is a significant
contract win and will strengthen Maiden's position as a leader in outdoor
advertising in the UK.



Ron Zeghibe, Chief Executive of Maiden said:



"This contract which was won against a strong and highly respected international
incumbent, will strengthen our national network and number 1 position in large
format sites across the UK. It will give advertisers access to the second
largest advertising market in the UK."



Ron Zeghibe, Chief Executive
Maiden Outdoor                                           020 7838 4000


Tim Spratt/Michelle Morton
Financial Dynamics                                       020 7831 3113





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