Appointments

Teather & Greenwood Holdings PLC
17 February 2003



                        TEATHER & GREENWOOD HOLDINGS PLC
                    ('Teather & Greenwood' or 'the Company')

                                  Appointments


The Company is pleased to announce the appointment, with immediate effect, of
Adam Pollock and Mark Paddon, formerly head of UK small/midcap sales and head of
UK small/midcap research respectively, at Deutsche Bank.  They join as directors
of Teather & Greenwood Limited, the Company's principal operating subsidiary.


Adam and Mark join after spending a combined total of 25 years with Deutsche
Bank (formerly Natwest Securities), where they ran an Extel rated UK small/
midcap sales and research team. They will fit well with the existing four small/
midcap salesmen and two dedicated smallcap analysts.


Commenting upon their appointment, Ken Ford, Chief Executive, said:



'We are delighted to welcome Adam and Mark to Teather & Greenwood.  They are
highly experienced, with an excellent track record and reputation.  We currently
have over 110 corporate clients and their experience will help Teather &
Greenwood grow this client base further as other brokers and investment banks
exit the UK small and midcap markets.'


                                                                17 February 2003




ENQUIRIES:

Teather & Greenwood                                           Tel: [phone]
Ken Ford, Chief Executive
Nick Stagg, Chief Operating Officer

College Hill                                                  Tel: [phone]
Richard Pearson





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