Changes in Share Capital

Feedback PLC
3 December 1999


                                 FEEDBACK PLC                                 
                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of a conversion notice 7,300
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares of £1
have been converted into 36,500 Ordinary Shares of 10p each in the Company.

The issued share capital of the Company following this conversion is 1,019,578
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
11,124,946 Ordinary Shares.