Warrant Rights-Amendmt

R.E.A.Hldgs PLC
10 August 2000


The issuer has made the following amendment to the Re Exercise of Warrant Rights
announcement released today at 16.35 under RNS No 3019P.

In the first paragraph, the second line should read 'who has elected to exercise
warrant rights in respect of' and not 'who has elected to subscribe for'. 
In the first paragraph, the last line should read 'such warrant holder' and not
'to the said warrant holder warrant holder' as previously shown.
The paragraph that reads 'Application has been made to the UK Listing Authority
and to the London Stock Exchange for these shares to be listed with effect from
11 August 2000' was omitted from the original announcement.

All other details remain unchanged.

The full corrected version is shown below.

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Following receipt of a valid notice of exercise of warrant rights on 31 July
2000 from one warrant holder, who has elected to exercise warrant rights in
respect of 28 ordinary shares the directors have resolved that 28 shares be
allotted to such warrant holder on 11 August 2000.

Application has been made to the UK Listing Authority and to the London Stock
Exchange for these shares to be listed with effect from 11 August 2000.

Following such allotment the company will have in issue 9,184,645 ordinary
shares of £1 each.