Rights Issue

RNS Number:6242O
NXT PLC
13 August 2003

NXT plc



Further re Rights Issue of up to 14,853,051 New Shares at 70 pence per Share



Further to the prospectus sent to shareholders on 29 July 2003 which contained a
notice of the Extraordinary General Meeting to approve a resolution necessary to
undertake the proposed rights issue announced on that date (the "Prospectus"),
the Company would like to clarify a minor clerical error in connection with the
notice of the Extraordinary General Meeting and the relevant cross reference in
the Prospectus.



Part of the resolution seeks an authority for the Directors under section 80 of
the Companies Act 1985 to allot securities in relation to the proposed rights
issue of up to an aggregate nominal amount of #14,853,051.  Such authority was
intended to be up to an aggregate nominal amount of #3,713,263 (equating to
14,853,051 shares of nominal value 25p each) and not #14,853,051.



In order to avoid the additional unnecessary expense of issuing an amended EGM
notice and delaying the rights issue, the Company has decided to proceed with
the resolution as outlined in the original notice.  Therefore, if the resolution
is passed, the Directors will have authority, pursuant to section 80 of the
Companies Act 1985, to allot relevant securities, up to an aggregate amount of
#14,853,051.



The Company would therefore like to confirm that, if the resolution receives
shareholder approval at the EGM to be held on 14 August 2003, the Directors will
not seek to use the authority granted at the EGM for any purpose other than the
rights issue and consequently the aggregate nominal value of securities to be
issued pursuant to such authority by the Directors will not exceed #3,713,263.





Enquiries:


NXT plc                        Tel:  [phone]
David Pearson
Chief Executive
Peter Thoms
Finance Director



Bridgewell                    Tel:  [phone]
John Craven
Fred Ward







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