Transaction in Own Shares

PHSC plc ("the Company")

Purchase of own shares

The  Company  today used its discretionary authority to purchase 86,277 ordinary shares at a  price  of  40
pence  per  ordinary  share.  These  86,277 shares will be cancelled. The  Directors  believe  that  it  is
appropriate to continue to purchase shares for cancellation at suitable prices when cash flow permits,  and
this will improve earnings per share.

Following their cancellation, PHSC plc will have a total of 11,571,019 Ordinary Shares in issue. The Company 
does not hold any shares in treasury.

For further information please contact:

PHSC plc
Stephen King
Tel: [phone]
[e-mail]
www.phsc.plc.co.uk

Ruegg & Co Limited
Gavin Burnell
Tel: [phone]
[e-mail]

Hichens, Harrison & Co. plc
Daniel Briggs
Tel: [phone]
[e-mail]

PHSC plc