Additional Listing

Issue of Equity


Chesnara plc (the 'Company') announces that a total of 1,691,284 ordinary
shares of 5p each, representing approximately 2.0% of the issued share capital
of the Company, have been issued and allotted to satisfy the exercise of share
options. These shares will rank pari passu with the existing ordinary shares.

Application has been made today to the London Stock Exchange for the admission
of these shares to trading on the London Stock Exchange. Dealings are expected
to commence on the 16th February 2004.

For further information, please contact:


Graham Kettleborough, Chesnara plc              01772 840001