Acquisition-Guaranteed Notes

Rank Group PLC
09 July 2004

                         Acquisition of Guaranteed Notes

The Rank Group Plc announces that Rank Group Finance Plc has acquired, in an
open market offer, $9m of its outstanding 7.125% Guaranteed Notes due 2018
('Notes'). The acquired Notes will be cancelled. Notes totalling $15.8m remain
in issue. A prior notice of cancellation was issued in November 2002.

Enquiries:
The Rank Group Plc                                 Tel: [phone]
Sam Wren, Group Treasurer





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