Additional Listing - Replcmnt

RNS Number:6962U
Selector Limited
27 January 2004


The following replaces the Additional Listing announcement released today at 
12:34 under RNS Number 6808U.

Dealings are expected to commence on Thursday 11 March 2004 and not Friday 11
March 2004 as previously stated.

The EGM will be held on Tuesday 9 March 2004 and not Wednesday 9 March 2004.

All other details remain unchanged and the full amended version appears below.


27 January 2004

                                Selector Limited


The Board of Selector Limited ("Selector" or "the Company") is pleased to
announce that a Placing of 9,300,000 shares at 1.5p each has been successfully
completed (subject to shareholders approval at an EGM), raising #139,500 (before
expenses) in new capital. This Placing was undertaken in order to continue to
finance the expansion of the Company's activities into the European market.

As a result of the Placing, the Company will have 44,775,149 ordinary shares in
issue.

Of the new ordinary shares proposed to be issued under the Placing, John Corre,
the Company's Chairman, intends to acquire 500,000 shares at 1.5p, increasing
his holding to 1,800,260 shares, being 4.02% of the current issued ordinary
share capital, and Ronen Levy, the Company's Chief Executive Officer, intends to
acquire 2,000,000 shares at 1.5p, increasing his holding to 8,984,750 shares,
being 20.07% of the current issued ordinary share capital With the exception of
John Corre and Ronen Levy (who are considered related parties (under the AIM
Rules) for the purposes of the transaction by virtue of their proposed
participation in the Placing), the Directors consider, having consulted with
Brewin Dolphin Securities Limited (the Company's Nominated Adviser), that the
terms of the transaction are fair and reasonable insofar as shareholders are
concerned.

The above shares rank pari passu in all respects with the existing issued
ordinary shares in the Company. Application has been made to the London Stock
Exchange for the 9,300,000 ordinary shares to be quoted on AIM and it is
expected that dealings will commence on Thursday 11 March 2004.

A notice convening an EGM (to be held on Tuesday 9 March 2004) to approve the
Placing will be sent to shareholders shortly.


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