AGM Statement

Teather & Greenwood Holdings PLC
4 August 2000


              Teather & Greenwood Holdings plc
         Chairman's Annual General Meeting Statement

Speaking  at today's Annual General Meeting, Jeremy  Delmar-
Morgan, Chairman, made the following statement:

'Since  the  publication of our full-year results  in  June,
revenues  from all divisions of Teather & Greenwood Limited,
the  Group's principal operating company, have exceeded  the
Board's  expectations.  Indeed, profitability in  the  first
quarter  of  the  new financial year is considerably  better
than the corresponding period last year.

'  We  continue to evaluate new, complementary services  and
the  recruitment  of  specific individuals  to  develop  our
presence  in  those markets.  At present, we  are  reviewing
options  that  include  on-line trading.   In  parallel,  we
continue to invest as appropriate in financial controls  and
information technology.

'Today  shareholders have passed a resolution for a two-for-
one share bonus issue.  This will become effective on Monday
7  August 2000 and is expected to improve liquidity  of  the
stock.   The  bonus issue follows the Group's  move  to  the
Official List on 12 July 2000.

'The  outlook, based upon the current spread of  activities,
remains encouraging.  I look forward to reporting on further
progress and developments in due course'.

For further information, please contact:

Teather  & Greenwood Holdings plc             020 7426 9000
Jeremy Delmar-Morgan, Chairman
Ken Ford, Chief Executive
Brian Rowbotham, Finance Director
Tim Davis, Director of Corporate Affairs


For  more information on Teather & Greenwood Limited and its
services,    please    visit    the    company's    website:
www.teathers.com


Note to Editors:

Teather  &  Greenwood  Limited is one of  the  UK's  leading
independent   stockbrokers,   specialising   in    providing
corporate finance, institutional sales, research and  market
making  services for an increasing number of growing smaller
and mid-cap public companies.

In  addition,  it provides institutional sales and  research
coverage  of  significant UK and international equities  and
has  dedicated  teams  for closed-end funds,  contracts  for
difference, bonds and fixed-interest instruments.

Private  clients  are  offered discretionary,  advisory  and
execution-only broking services and a range of tax-efficient
products.

Teather  &  Greenwood  Limited is  the  principal  operating
company of Teather & Greenwood Holdings plc.