Re over-allotment option

Dignity PLC
04 May 2004



For Immediate Release                                               4 May 2004


Dignity plc

               Announcement of exercise of over-allotment option

Dignity plc (the 'Company') announces that in connection with the initial public
offering of the Company, Panmure Gordon, a division of Lazard & Co., Limited,
has exercised, in its entirety, the over-allotment option over 9,782,609
ordinary shares in the Company, taking the total offering size to 74,999,999
ordinary shares. Gross proceeds received by the selling shareholders from the
exercise of the over-allotment option are approximately £22.5 million.


For further information, please contact:
Dignity plc                                       Tel: [phone]
Peter Hindley, Chief Executive
Mike McCollum, Finance Director
Buchanan Communications                           Tel: [phone]
Richard Oldworth/Mark Edwards
Lazard                                            Tel: [phone]

Andrew Godber

Application has been made to the Financial Services Authority, in its capacity
as the UK Listing Authority, for the shares which were subject of the
over-allotment option or which were otherwise to be over-allotted to be admitted
to the Official List of the UK Listing Authority and to the London Stock
Exchange for such shares to be admitted to trading on the London Stock
Exchange's market for such listed securities.

This announcement does not form part of any offer of securities, or constitute a
solicitation of any offer to purchase or subscribe for shares. Prices and values
of, and income from, shares may go down as well as up. Past performance cannot
be relied upon as a guide to future performance and persons needing advice
should consult an independent financial advisor.

This announcement is not for release, publication or distribution in or into
Australia, Canada, Japan or the United States. The Shares may not, directly or
indirectly, be offered or sold within the United States, Canada, Australia or
Japan.

Shares in the Company have not been, and will not be, registered under the
United States Securities Act of 1933 (the 'Securities Act') as amended, or under
the securities legislation of any state of the United States, and have not been
and will not be offered or sold in the United States. The relevant clearances
have not been, and will not be, obtained from the Securities Commission of any
province or territory of Canada; no document in relation to the shares has been
or will be, lodged with, or registered by, The Australian Securities and
Investments Commission; and no registration statement has been, or will be,
filed with the Japanese Ministry of Finance in relation to the Shares.

Lazard & Co., Limited (through its division Panmure Gordon) and Investec Bank
(UK) Limited, each of which is regulated in the United Kingdom by The Financial
Services Authority, are acting for Dignity plc and no-one else in connection
with the initial public offering of the Company and will not be responsible to
any person other than Dignity plc for providing the protections afforded to
their clients or for advising any other person in relation to the initial public
offering of the Company or any matter referred to in this document or other
information contained herein.




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