Changes in Share Capital

Feedback PLC
8 February 2000


                                 FEEDBACK PLC                                 
                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of a conversion notice 2,000
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares of £1
have been converted into 10,000 Ordinary Shares of 10p each in the Company.

The issued share capital of the Company following this conversion is 983,258
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
11,319,801 Ordinary Shares.