AIM Admission - Update

Centaur Holdings PLC
10 March 2004


Centaur Holdings plc

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO THE USA, CANADA, AUSTRALIA, 
THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR THEIR RESPECTIVE 
TERRITORIES AND POSSESSIONS

10 March 2004

Centaur Holdings plc floats on AIM

Shares in Centaur Holdings plc (the 'Company' or 'Centaur'), the business 
magazine publishing group, today begin trading on AIM.

The Company's acquisition of Centaur Communications Limited ('Centaur 
Communications') became unconditional and completed upon admission of the shares 
in the Company to trading on AIM. The Company has received acceptances under the 
D Offer in respect of all of the D ordinary shares in the capital of Centaur 
Communications to which the offer related and the Company has therefore acquired 
100 per cent. of the issued and to be issued share capital of Centaur 
Communications.

To fund the acquisition of Centaur Communications and certain of the costs 
relating to the acquisition and the placing, Numis Securities Limited, the 
Company's Nominated Adviser and Broker, placed 131,895,934 ordinary shares on 
behalf of the Company via an institutional placing at 100p per share. The issued 
ordinary share capital of the Company upon Admission was £14,799,411.80 divided 
into 147,994,118 ordinary shares of 10p each valuing the Company at 
approximately £148 million at the placing price.

Since it was founded in 1982, Centaur Communications' publishing business has
predominantly grown organically through magazine launches and brand extensions.
Today, Centaur Communications' principal brands are Marketing Week, Money
Marketing, Precision Marketing, Creative Review, Design Week, The Lawyer, New
Media Age and Homebuilding & Renovating. Together, these titles accounted for
approximately 40 per cent. of the Group's revenue for the year ended 30 June
2003. Centaur Communications also owns Perfect Information, an online provider
of an electronic library of regulatory filings.

Graham Sherren, Chief Executive of Centaur Holdings plc, said: 'Today is an 
important day for Centaur, which is now a quoted company. I very much look
forward to working with my colleagues to develop the full potential of the
Group.'

The prospectus in relation to the company's admission to trading on AIM was
published on 27 February. Copies of the prospectus will be available, free of 
charge, from the Company at St Giles House, 50 Poland Street, London W1F 7AX and
from Numis Securities Limited at Cheapside House 138 Cheapside, London EC2A 6LH
for one month from today.

For further information contact:

Centaur Holdings plc                                   Tel: [phone]
Graham Sherren, Chief Executive /
Geoff Wilmot, Chief Financial Officer
www.centaur.co.uk

Numis Securities Limited                               Tel: [phone]
Jag Mundi/Rhod Cruwys

Gavin Anderson & Company                               Tel: [phone]
Neil Bennett/Laura Hickman/Janine Brewis











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