Placing

RNS Number:1396B
Orientrose 2 PLC
22 July 2004


FOR IMMEDIATE RELEASE                                               22 July 2004

               ORIENTROSE 2 PLC ("Orientrose 2" or the "Company")
                                    PLACING
                           SIGNIFICANT SHAREHOLDINGS

The Board of Orientrose 2 announces that it has made arrangements with the
Company's broker, Seymour Pierce Ellis, to place 22,000,000 new Ordinary Shares
of 1p each for 3.5p each with clients of Seymour Pierce Ellis. Application will
made for these Shares to be admitted to trading on AIM.

The Company intends to use the net proceeds of the Placing to provide a more
substantial cash base to undertake a transaction in due course.

Pursuant to the the Placing, significant shareholdings are as follows:

                        Number of Shares       Percentage of
                                               Issued Share Capital

Griffin Group Plc       7,500,000              21.5
Nigel Woods             9,928,704              28.4
Ruth Gillanders         2,000,000              5.7


Contact:

Stephen Dean, Orientrose 2: 00 34 605 28 22 11

Roland Cornish, Beaumont Cornish Limited: 0207 628 3396


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

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