Capital Reorganisation

Expro International Group PLC
28 January 2005


                          EXPRO INTERNATIONAL GROUP PLC

    PROPOSED REDUCTION OF SHARE PREMIUM ACCOUNT AND CANCELLATION OF CAPITAL
                               REDEMPTION RESERVE

Expro International Group PLC (the Company) announces that it proposes to cancel
(a) £61,649,000 of the Company's share premium account (standing at £61,649,405
at the date of the last audited accounts); and (b) the Company's capital
redemption reserve of £24,143 by a capital reduction and transfer corresponding
amounts to the distributable reserves of the Company.

After considering the available alternatives, the Board believes that the
capital reduction is the most suitable and effective proposal to ensure that the
Company's dividend policy remains unaffected by the transition from UK Generally
Accepted Accounting Principles to International Financial Reporting Standards
which, on top of the non-cash charges to profit and loss made in the year ended
31 March 2004, will have a negative impact on the Group's consolidated profit
and loss reserve. Whilst this would not legally prevent the continued payment of
dividends by the Company in the near term, the Board's ability to pay dividends
may well be impacted in the future. The reduction of the Company's share premium
account and the cancellation of the capital redemption reserve will lead to a
corresponding increase in the distributable reserves of the Company and the
Group.

It is not the intention that these newly generated distributable reserves will
be used to pay dividends above the level of the normal policy of the Company.
The capital reduction will have no impact on the Company's cash position or on
its net assets. It will also have no impact upon the nominal value of the
Company's ordinary shares.

The capital reduction is conditional on the approval of the Company's
shareholders by special resolution at an extraordinary general meeting to be
held on 23 February 2005, and on confirmation by the High Court. A circular
detailing the proposals is being posted to shareholders today.

For further information please contact:

Name:   Michael Speakman
Title:  Finance Director
Tel:    [phone]
Fax:    [phone]
Email:  [e-mail]
Date:   28 January 2005

END




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