Board Changes

Teather & Greenwood Holdings PLC
4 August 2000

                            
            Teather & Greenwood Holdings plc
                            
                      Board changes
                            
The  Board of Teather & Greenwood Holdings plc is pleased
to  announce the appointment of Nicholas Stagg as a  Non-
executive Director.

Since  1997, Nicholas Stagg, 40, has been Group  Managing
Director of Lambert Smith Hampton plc, one of the  United
Kingdom's  leading property consultants with  over  1,000
staff  in 28 offices and a turnover of approximately  £50
million.   He  joined in 1992 as Group Finance  Director.
He  is also a Non-executive Director of Inventive Leisure
plc.

His   earlier  career  was  spent  in  senior   financial
positions   within  property  investment  companies   B&C
Properties Limited (1989-1992) and London Shop PLC (1986-
1989).   Prior  to this he worked for Thomson  McLintock,
now part of KPMG (1981-1986).

Peter  Grice, an Executive Director who has  worked  with
the  company  since 1961 and John Reeve, a  Non-executive
Director  since  1996,  retired  at  the  Group's  Annual
General   Meeting   held   today.    This   follows   the
announcement  of their intention to retire  which  formed
part of the preliminary announcement of 28 June 2000.

Jeremy Delmar-Morgan, Teather & Greenwood Holdings  plc's
Chairman comments:

'On  behalf of the Board, I would like to express sincere
thanks   to   Peter  Grice  and  John  Reeve  for   their
significant contributions over many years.  At  the  same
time,  we are delighted to welcome Nicholas Stagg to  the
Group.   He  has  a  very strong reputation  in  business
development  and  finance and  I  am  sure  will  make  a
significant contribution as Teather & Greenwood continues
to   develop  into  a  broadly-based  financial  services
organisation'.


For further information, please contact:

Teather  & Greenwood Holdings  plc       0207 426 9000
Jeremy Delmar-Morgan, Chairman
Ken Ford, Chief Executive
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.