Result of EGM

Chandra PLC
18 April 2000



               CHANDRA PLC ('Chandra' or 'the Company')
                                   
At  the  Extraordinary General Meeting of the Company held today,  and
following  the passing of the resolution approving the acquisition  of
Lupine  Ventures Limited and Groovetech LLC, the requirement  for  the
vendors  to  make a general offer in cash to shareholders  of  Chandra
under Rule 9 of the City Code on Takeovers and Mergers has been waived
by the Panel on Takeovers and Mergers.

Following the allotment of the consideration shares, the concert party
will  own  or  control in aggregate 43.82 per cent.  of  the  enlarged
issued share capital of Chandra.