Share Consolidation

RNS Number:1303Q
e-primefinancial PLC
24 September 2003


                              e-primefinancial plc

                     ("e-primefinancial" or "the Company")

                              Share Consolidation

Further to the approval by shareholders on 22 September 2003 to the
consolidation of the existing ordinary shares of 0.5p each in the capital of the
Company ("Existing Ordinary Shares") on the basis of 1 new ordinary share of #35
each in the capital of the Company ("New Ordinary Share") for every 7,000
Existing Ordinary Shares ("the Share Consolidation"), the Company announces that
29,981 New Ordinary Shares were admitted to trading on AIM on 23 September 2003.

A total of 2,194 New Ordinary Shares, representing fractional entitlements of
shareholders arising from the Share Consolidation are today being purchased
on-market by Seymour Pierce Limited at #168 per share and these shares will then
be purchased on-market by the Company at the same price for cancellation ("the
Share Buy-Back").

As a result of the Share Consolidation and the Share Buy-back, the Company now
has 27,787 New Ordinary Shares and 12,854 warrants in issue. New certificates
will be sent to shareholders who hold their shares in a certificated form by 26
September 2003 and the proceeds of the sale of the fractional entitlements will
be paid to shareholders entitled thereto by 3 October 2003. New certificates
will be sent to warrantholders within 21 days in accordance with the provisions
of the warrant instrument.



Enquiries:

Lance O'Neill      e-primefinancial plc                  020 7499 8334
Nigel Duxbury      e-primefinancial plc                  020 7499 8334
Mark Percy         Seymour Pierce Limited                020 7107 8000






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