Issue of Equity

RNS Number:1933L
Danka Business Systems PLC
16 May 2003



Embargoed for release until 2.00pm (UK)                          16th May 2003


                           DANKA BUSINESS SYSTEMS PLC
                           ("Danka" or the "Company")

                DANKA ANNOUNCES ISSUANCE OF PARTICIPATING SHARES

Danka Business Systems PLC announced today that it has issued an aggregate of
4,343 new 6.5% senior convertible participating shares of $1.00 each to the
existing participating shareholders of the Company in satisfaction of the
payment-in-kind dividend due on Danka's participating shares for the period
ended 14 May 2003.

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Enquiries:
Danka Business Systems PLC                                       020 7605 0150
Paul Dumond, Company Secretary

Weber Shandwick Square Mile                                      020 7067 0700
Katie Hunt


About Danka

Danka delivers value to clients worldwide by using its expert technical and
professional services to implement effective document information solutions. As
one of the leading independent providers of enterprise imaging systems and
services, the company enables choice, convenience, and continuity. Danka's
vision is to empower customers to benefit fully from the convergence of image
and document technologies in a connected environment. This approach will
strengthen the company's client relationships and expand its strategic value.
For more information, visit Danka's web site at www.danka.com.


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

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