Take-up of Open Offer

Mondas PLC
3 October 2000

                              
       Take-up of Open Offer of 6,305,925 Offer Shares
                              
Following  the closing of the Open Offer, announced  on  8th
September,  2000, at 3.00 p.m. on 2nd October,  2000,  valid
applications had been received for 1,345,227 Offer Shares.

The   Directors,  undertook  not  to  subscribe  for   their
entitlements amounting to 2,326,393 Offer Shares, which were
placed   firm   by   Teather   &  Greenwood   Limited   with
institutional and other investors.  Therefore the number  of
Offer   Shares  available  for  take-up  by  the   remaining
qualifying  shareholders under the Open Offer was  3,979,532
Offer Shares.

Accordingly,   the   take-up  by   qualifying   shareholders
represents  33.8  per cent. of the Offer Shares  not  placed
firm by Teather & Greenwood Limited.

The  Open  Offer  remains conditional, inter  alia,  on  the
admission  to AIM of the Offer Shares, which is expected  to
be on 9th October, 2000.


Enquiries:

John East & Partners Limited                   020 7628 2200
David Worlidge/Simon Clements

College Hill Associates Limited                020 7457 2020
Matthew Smallwood