Result of EGM

Roxboro Group PLC
16 June 2003


16 June 2003



The Roxboro Group PLC

Result of Extraordinary General Meeting

The Roxboro Group PLC  (the 'Company') is pleased to announce that at the
Extraordinary General Meeting of the Company held today the special resolutions
put to shareholders were duly passed.  The special resolutions approved the
proposed issue of one redeemable non-cumulative preference share of 75p ('B
Share') for each ordinary share of 1p ('Existing Ordinary Share') and a 100 for
189 capital consolidation and sub-division of Existing Ordinary Shares of 1p
each into new ordinary shares of 1.89p each ('New Ordinary Shares') (the
'Capital Reorganisation') and certain related matters and amendments to the
Company's memorandum and articles of association, details of which are contained
in the circular sent to the Company's shareholders on 22 May 2003 (the
'Circular').

The Extraordinary General Meeting of the Company held today followed the
Extraordinary General Meeting of the Company held on 9 June 2003, at which
shareholders passed the ordinary resolution approving the proposed disposal of
the Weston Group.  Completion of the disposal of the Weston Group occurred on 11
June 2003.

The Capital Reorganisation is conditional on the Capital Reduction (as defined
in the Circular) becoming effective (unless this condition is waived by the
directors of the Company) and on Admission (as defined in the Circular).  The
Capital Reorganisation is expected to become effective on 30 June 2003, with the
close of business on 27 June 2003 being the latest time for dealings in Existing
Ordinary Shares and the latest time for the receipt of Early Redemption Forms
(as defined in the Circular) in relation to the redemption of B Shares on the
First Redemption Date (as defined in the Circular). Dealings in New Ordinary
Shares and B Shares are expected to commence on 30 June 2003 which is expected
to be the First Redemption Date for B Shares.

Two copies of the special resolutions passed today have been submitted to the UK
Listing Authority, and will shortly be available for inspection at the UK
Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No. (0)20 7676 1000



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