Conversion of Securities

Feedback PLC
3 August 2000


                                 FEEDBACK PLC                                 
                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of a conversion notice 3,804
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares of £1
have been converted into 19,020 Ordinary Shares of 10p each in the Company.

The issued share capital of the Company following this conversion is 922,064
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
11,625,771 Ordinary Shares.