Additional Listing

Cater Barnard PLC
15 January 2002

                              Cater Barnard plc

                      ('Cater Barnard' or 'the Company')

Application has today been made for the admission of 5,000,000 new ordinary
shares of 1p each in the Company to trading on the Alternative Investment
Market. The new ordinary shares have been issued pursuant to the conversion of
loan notes with a nominal value of £100,000.

The new ordinary shares will rank pari passu with the existing ordinary shares
of the Company and dealings are expected to commence in the new ordinary
shares on 21 January 2002.