Conversion of Shares

FEEDBACK PLC
21 September 1999



                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of a conversion notice
28,168 10 per cent. (net) Convertible Redeemable Cumulative Preference Shares
of £1 have been converted into 140,840 Ordinary Shares of 10p each in the
Company.

The issued share capital of the Company following this conversion is 1,134,843
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
10,548,621 Ordinary Shares.