AIM Admission

4Less Group plc (The)
15 April 2004



                      The 4Less Group Plc moves to AIM

The 4Less Group Plc ('4Less' or 'the Company') commenced trading on AIM today,
following a placing to raise £1.7 million (before expenses) by Corporate Synergy
Plc, giving the Company a market capitalisation of £4.8 million.

Charles Mcleod, the Chief Executive, founded the Company in March 2000, when he
saw an opportunity to address the shortcomings highlighted by the Cruickshank
Report, which identified high charges and low levels of customer support in
clearing banks. Accordingly he established a foreign currency exchange
operation, Currencies4less, as an alternative to the UK Clearing Banks.  For the
year ended 31 March 2003 and the 9 months ended 31 December the Group made a
profit before taxation of £108,000 and £221,000 respectively.

Today 4Less offers its consumer and commercial customers a range of specialist
foreign currency exchange and related finance products. Currency for purchasing
overseas property and arranging mortgages remain the principal activities of the
Group's business; more recent additions include providing insurance and other
asset finance. The Group's expansion results from focusing on customer service
and providing competitive exchange rates. The Group does not take principal risk
or facilitate speculative currency transactions. The customer base has grown
rapidly, boosted by recommendations, referrals and reciprocal relationships with
other professional organisations.

Charles Mcleod, Chief Executive, commented:

'The move to AIM is a reflection of how far we have come in just four years. We
have a strong and experienced team; our success has demonstrated that our people
are our greatest asset, they deliver levels of service which set us apart. We
are excited about the growth opportunities in our existing businesses and are
also looking to broaden our service into a number of new areas.'

Contacts:

Charles Mcleod, Chief Executive
020 7594 0594

Anthony Spiro, Spiro Financial
020 8949 0428

Olly Cairns, Corporate Synergy Plc
020 7626 2244

4Less's corporate web site www.the4lessgroup.com includes general information
about the Company and links to the web sites of its businesses.


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