Exercise of Options, etc.

GB Group PLC
20 June 2003


                         GB Group Plc (the 'Company') 

                  Exercise of Options and Additional Listing


The Company announces today that two former employees of the Company have 
exercised options over 19,683 ordinary shares of 2.5p each in the Company 
('Shares') under the Company's Savings Related Share Option Scheme. The exercise 
price was 7.6p per share.

Accordingly, an application has been made for 19,683 new Shares to be admitted 
to the Official List of the UKLA and to trading on the London Stock Exchange's 
market for listed securities and dealings are expected to commence on Thursday,
26 June 2003.



For further information please contact:

John Constantin                         01244 657333
Company Secretary



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