Proposed Share Sub-Division

Bloomsbury Publishing PLC
03 June 2003


3 June 2003


Bloomsbury Publishing PLC

Bloomsbury Publishing PLC (the 'Company')
Proposed Share Sub-Division


Bloomsbury Publishing Plc announced today that at the Extraordinary General
Meeting to be held on Thursday, 26 June 2003 at 12.15pm (or as soon thereafter
as the Company's Annual General Meeting convened for 12 noon on the same date
and in the same place shall have been concluded or adjourned) a resolution will
be proposed to implement a share sub-division on the basis of four New Ordinary
Shares of 1.25p each for every Existing Ordinary Share of 5p held. The
sub-division is to be proposed in order to increase the marketability and
liquidity of the Company's Ordinary Shares.

The new shares will rank pari passu with the Existing Ordinary Shares, save that
they will have a nominal value of 1.25p each, rather than 5p each.


Expected timetable:

Latest time for return of Forms of Proxy                      12.15pm on
                                                             Tuesday, 24
                                                               June 2003



Extraordinary General Meeting                                 12.15pm on
                                                            Thursday, 26
                                                           June 2003 (or
                                                                 as soon
                                                           thereafter as
                                                           the Company's
                                                          Annual General
                                                                 Meeting
                                                         convened for 12
                                                             noon on the
                                                           same date and
                                                             in the same
                                                             place shall
                                                               have been
                                                            concluded or
                                                            adjourned)



Last day for dealings in Existing Ordinary Shares        Friday, 27 June
                                                                    2003



Record date for Sub-Division of the Company's Existing   Friday, 27 June
Ordinary Shares                                                     2003



Dealings in New Ordinary Shares on the London Stock      Monday, 30 June
Exchange commence, CREST accounts are credited with New             2003
Ordinary Shares



Despatch of share certificates in respect of New          Friday, 4 July
Ordinary Shares                                                     2003




A circular giving further details of the sub-division has been posted to
shareholders today



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