Listing Particulars Posted

Grafton Group PLC
05 February 2003

GRAFTON GROUP PLC

5 February 2003

Document Re Proposed Acquisition of Jackson Building Centres Limited (the
'Acquisition') and 1 for 5 Rights Issue of up to 35,276,228 New Grafton Units at
€2.00 per New Grafton Unit ('the Rights Issue') and Notice of Extraordinary
General Meeting

Grafton Group plc has today posted the Listing Particulars regarding the
Acquisition and the Rights Issue.

The EGM to consider the resolutions necessary to approve the Rights Issue and
the Acquisition will be held on Friday 28 February 2003. Subject to approval at
the EGM, nil paid rights are expected to commence trading at 8.00am on Monday 3
March 2003 (the ex-Rights date).

This announcement should be read in conjunction with the full text of the
Listing Particulars, which has been posted to shareholders today. Words and
expression defined in the Listing Particulars shall bear the same meanings in
this announcement.

A copy of the above document has also been submitted to the Irish Stock Exchange
and is available for inspection at:

The Irish Stock Exchange
28 Anglesea Street
Dublin 2

Tel. no. [phone]


A copy of the Listing Particulars has been submitted to the UK Listing
Authority. The Listing Particulars is available for inspection at the UK Listing
Authority's Document Viewing Facility, which is situated at:


Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. no. [phone]


Ends:


For Reference:

Colm O'Nuallain
Finance Director
Grafton Group plc
Tel. no. [phone]


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