T&G Recruits James Bishop

Teather & Greenwood Holdings PLC
17 March 2003


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

                   Teather & Greenwood recruits James Bishop


The Company is pleased to announce the appointment, with immediate effect, of
James Bishop, formerly a salesman on the UK small/midcap equity team at Deutsche
Bank.  He joins as a director of Teather & Greenwood Limited, the Company's
principal operating subsidiary.

James joins after spending six years with Deutsche Bank (formerly Natwest
Securities), where he was part of an Extel rated UK small/midcap sales and
research team with Adam Pollock and Mark Paddon, who joined last month.

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

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

                                                                   17 March 2003

ENQUIRIES:

Teather & Greenwood                                       Tel: [phone]
Ken Ford, Chief Executive
Adam Pollock, Head of Small/Mid Cap Sales

College Hill                                              Tel: [phone]
Richard Pearson


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