Result of EGM

Anglo-Welsh Group PLC
12 January 2001



Not  for  release, publication or distribution in or into  the
United States of America, Canada, Australia, South Africa, the
Republic of Ireland or Japan.

           Anglo-Welsh Group Public Limited Company
               ('Anglo-Welsh' or the 'Company')

            Result of extraordinary general meeting
  Result of placing and open offer of 15,957,250 new ordinary
                            shares

On  15  December  2000,  Anglo-Welsh  announced  an  issue  of
130,357,250  new  ordinary shares of 1p  each  ('new  Ordinary
Shares') at an issue price of 2p per share ('the Issue Price')
through  a  firm  placing of 114,400,000 new  Ordinary  Shares
('the  Firm  Placing')  and  a  placing  and  open  offer   of
15,957,250 new Ordinary Shares ('the Open Offer') on the basis
of  1  new Ordinary Share for every 2 existing ordinary shares
held  at the close of business on 8 December 2000 taking  into
account the sub-division.

The Company announces that the Open Offer closed at 3.00pm  on
11  January 2001 and that valid applications had been received
at  that time for 7,696,072 new Ordinary Shares under the Open
Offer, representing a take up of approximately 48.3 per  cent.
of  the  new  Ordinary Shares available under the Open  Offer.
The  remaining  Open Offer Shares not taken up  by  qualifying
shareholders   under  the  Open  Offer,  together   with   the
114,400,000 new Ordinary Shares to be issued pursuant  to  the
Firm  Placing,  have been conditionally placed  at  the  Issue
Price.

The   Company  also  announces  that  the  special  resolution
relating  to  the Firm Placing and the Open Offer and  related
matters was passed at an extraordinary general meeting of  the
Company held today.  This resolution included the approval  of
the sub-division of the Company's existing ordinary shares  of
10p each into ordinary shares of 1p each.

The  Firm  Placing  and  the Placing  and  Open  Offer  remain
conditional on the admission ('Admission') of the new Ordinary
Shares   to  trading  on  the  Alternative  Investment  Market
('AIM').   Application  has been  made  for  all  of  the  re-
designated  existing issued and unissued ordinary  shares  and
the  new Ordinary Shares to be admitted to trading on AIM  and
it  is  expected  that  Admission will  become  effective  and
dealings  will commence in these shares on Monday  15  January
2001.