Issue of Equity

Frenkel Topping Group PLC
22 August 2006


                           Frenkel Topping Group plc

                  Issue of Equity and Director's Shareholding


Frenkel Topping Group plc (the 'Company' or 'Frenkel Topping') announces that it
has acquired shares representing approximately 1.7% of each of the issued share
capitals of Frenkel Topping Limited and Frenkel Topping Structured Settlements
Limited for a consideration of £240,000, to be satisfied by the issue to the
vendors of 1,000,000 new ordinary shares of 0.5p each in the share capital of
the Company ('Ordinary Shares') at an issue price of 24p per share.

Application has been made for the Ordinary Shares to be admitted to trading on
AIM and dealings are expected to commence on 29 August 2006.  The new Ordinary
Shares will rank pari passu in all respects with the Ordinary Shares currently
in issue.  Following the issue, the number of Ordinary Shares in issue will be
54,782,947.

In accordance with the terms of the transaction, one of the vendors, David
Southworth, a director of the Company, has been issued with 833,333 Ordinary
Shares, increasing his shareholding to 1,033,333 Ordinary Shares, representing
1.89% of the enlarged issued share capital of the Company.


For further information, please contact:

Frenkel Topping Group plc                              0161 886 8000
Richard Fraser (Chief Executive)



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