Conversion/Listing/Dir Hldgs

RNS Number:8670P
Wigmore Group (The) PLC
17 September 2003

                             The Wigmore Group plc
                          ("Wigmore" or the "Company")

      Loan Note Conversion, Additional Listing and Director Shareholdings

Wigmore is pleased to announce that it has received notification from Artisan
(UK) plc ("Artisan") of the conversion of the remainder of its #162,500 Loan
Note in the Company. Artisan has converted #162,500 into 9,285,714 new ordinary
shares in the Company, based on the 30 June 2003 open offer price of 1.75p. The
entire #1,000,000 Artisan Loan Note has now either been repaid or converted into
equity and sold through the Company's broker.

The Company has made application for the 9,285,714 new ordinary shares to be
admitted to trading on AIM and dealings are expected to commence on Tuesday 23
September 2003. The Company will then have 209,711,111 ordinary shares in issue

The Company has been notified that Artisan has arranged for all its 9,285,714
new ordinary shares in the Company, resulting from this loan note conversion, to
be sold through the Company's broker, and therefore Artisan will not have a
notifiable interest in the Company. Certain of these shares have been placed
with Directors of the Company at 1.875p each as follows:

Director                No. shares        New total        Percentage of
                        acquired          holding         enlarged share
                                                                 capital
Peter Hewitt             106,666        2,503,023                 1.19%
Peter Grisman            133,333          419,047                 0.20%
Keith Lassman             53,333          575,562                 0.27%
George Brooksbank      1,066,666        1,066,666                 0.51%


                      This information is provided by RNS
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