Issue of Equity

BEGBIES TRAYNOR GROUP PLC

12 September 2008

Placing of 7,878,788 new Ordinary Shares and 1,212,121 existing Ordinary Shares
of 5p each at a placing price of 165p per Ordinary Share by Shore Capital (the
"Placing")

Begbies Traynor Group plc ("Begbies Traynor" or the "Group"), the specialist
professional services organisation, is pleased to announce that it has today,
through Shore Capital, arranged the placing of 7,878,788 new Ordinary Shares of
5p each, raising £13.0 million before expenses for the Group.

In addition, Andrew Dick, the Group's Chief Operating Officer, has agreed,
through Shore Capital, to place 1,212,121 existing Ordinary Shares of 5p each
at the same price, which will not only help to satisfy demand, but will improve
further the level of free float and liquidity in the shares of the Group.

The new Ordinary Shares will rank pari passu in all respects with the existing
Ordinary Shares save that they will not rank for the final dividend of 1.5p per
Ordinary Share in respect of the year ended 30 April 2008, payable on 31
October 2008. Admission to trading on AIM of the new Ordinary Shares is
expected to take place on Thursday 18 September 2008.

The proceeds from the Placing will be used to provide working capital for the
Group, largely in relation to the significant anticipated organic growth of
Begbies Traynor's core and counter-cyclical business insolvency practice
resulting from the slowdown in the economy.

Following the Placing, the issued share capital of the Group will increase by
9.7% to 89,115,284 Ordinary Shares of 5 pence each. In accordance with the
Disclosure and Transparency Rules, Begbies Traynor confirms that its issued
share capital as at the date of this announcement comprises 89,115,284 Ordinary
Shares of 5p each. This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of Begbies Traynor under the Disclosure and Transparency Rules.

Andrew Dick's shareholding will reduce from 9.43% to 7.24% of the total issued
share capital and total voting rights.

As a result of the Placing, a number of new institutional investors will become
shareholders.

Ric Traynor, Executive Chairman of Begbies Traynor Group plc, said:

"We are delighted with the level of demand for Begbies Traynor's shares from a
variety of blue chip institutions, both existing and new investors, and very
much welcome our new shareholders. These new funds, together with existing
facilities, will provide adequate resources for Begbies Traynor to capitalise
fully upon an anticipated sustained period of improved new work flow in our
core business insolvency practice."

Enquiries please contact:

Ric Traynor - Executive Chairman Begbies Traynor Group PLC

0161 837 1700

John Gittins - Finance Director Begbies Traynor Group PLC

0161 837 1700

Guy Peters Shore Capital & Corporate Ltd 020 7408 4090

Reg Hoare/Katie Hunt /Will Henderson Smithfield

020 7360 4900

Information on BTG can be accessed via the Group's website at

www.begbies-traynorgroup.com