Notice of EGM

RNS Number:4191G
Healthcare Enterprise Group PLC
15 December 2004





           Healthcare Enterprise Group PLC ("HCEG" or the "Company"))

Extraordinary General Meeting - Proposed Ordinary Share Capital Consolidation



The Board of HCEG is pleased to announce proposals to consolidate the Company's
ordinary share capital on the basis that for every 25 existing ordinary shares
with a nominal value of 0.1 pence each owned by a shareholder on the record date
(being 6 p.m. on 10 January 2005), they will receive 1 new ordinary share with a
nominal value of 2.5 pence.



The Directors believe that the share capital consolidation should assist in
making the Company's ordinary share capital more manageable and improve the
attractiveness of the Company's ordinary shares. Furthermore, the share capital
consolidation should, in the opinion of the Board, result in the Company's
ordinary shares having a market price more in line with companies in the same
sector as the Company.



The new ordinary shares will have the same rights, including voting and dividend
rights, as the existing ordinary shares under the articles of association of the
Company. Application will be made for the new ordinary shares to be admitted to
AIM and dealings are expected to commence at 8 a.m. on Tuesday 11 January 2005.
The new ordinary shares will then be tradable on AIM in the same way as the
existing ordinary shares currently are.



A circular (the "Circular") setting out, amongst other things, the details and
effect of the proposed share capital consolidation and convening an
extraordinary general meeting at which a resolution to approve the proposal will
be considered (the "EGM") has today been sent to shareholders and, for
information purposes only, the holders of warrants which are traded on AIM and
option holders.  The EGM will be held at Kempson House, Camomile Street, London
EC3A 7AN on Monday 10 January 2005 at 10 a.m.



The Directors of HCEG consider the proposals described in the Circular
(including the share capital consolidation) to be in the best interests of the
Company and the shareholders as a whole. Accordingly, the Directors have
unanimously recommended that shareholders vote in favour of the resolutions to
be proposed at the EGM. The Directors intend to vote in favour of the
resolutions in respect of their own beneficial shareholdings (direct and
indirect) amounting to 1,212,829,875 existing ordinary shares (representing
approximately 35.1 per cent of the Company's ordinary issued share capital).



                                                               15 December 2004




Healthcare Enterprise Group PLC                            020 7351 7500
Stuart Bruck, Executive Chairman

College Hill                                               020 7457 2020
Nicholas Nelson/Corinna Dorward










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

NOEFFSSAISLSEIE