Trading Update etc

Teather & Greenwood Holdings PLC
6 March 2000




            Teather & Greenwood Holdings plc
                            
Trading update, Board changes, appointment of Stockbroker
  and announcement of intention to move to the Official
            List of the London Stock Exchange

Trading update

The  Board of Teather & Greenwood Holdings plc is pleased
to   announce  that  trading  across  all  areas  of  its
subsidiary Teather & Greenwood Limited in the ten  months
to  29  February  2000,  has been ahead  of  the  Board's
expectations.     In    the   absence    of    unforeseen
circumstances, the Board anticipates that the  final  two
months  of  the  financial year will also show  a  strong
performance.   Consequently, the Board believe  that  the
final  outcome for the year ending 30 April 2000 will  be
significantly ahead of current market expectations.

Board changes

With  effect  from 1 May 2000, Derek Boothman,  currently
Non-executive  Chairman,  becomes  Non-executive   Deputy
Chairman.   He  remains Chairman of the  Audit  and  Risk
Management  Committees.   He is  succeeded  as  Executive
Chairman   by   Jeremy  Delmar-Morgan,  currently   Chief
Executive.   Ken Ford, Managing Director,  becomes  Chief
Executive.

Appointment of Stockbroker and announcement of intention
to move to the Official List of the London Stock Exchange

The  Board  announces  the  appointment,  with  immediate
effect, of Charterhouse Securities as Teather & Greenwood
Holdings plc's stockbroker.

The  Board  also announces its intention to move  to  the
Official  List  of the London Stock Exchange,  to  become
effective  at  the  time of the Group's  announcement  of
preliminary  results, which will is  expected  to  be  in
July.

Derek Boothman, Chairman, comments:

'Teather   &   Greenwood  continues  to  make   excellent
progress,  with all parts of the business showing  strong
growth.   The board changes announced today,  along  with
the appointment of Charterhouse and our intention to move
to  the  Official List, are further logical steps  as  we
continue  on  this  growth path.   Further  announcements
concerning our continued progress will be issued  in  due
course'.

                        
For further information, please contact:

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

Ludgate Communications
0207 253 2252
Tim Davis

Note to Editors:

Teather  &  Greenwood  is  one of  the  United  Kingdom's
leading independent stockbrokers, providing institutional
research and sales and corporate finance services for  an
increasing   number   of  smaller  and   growing   public
companies.  In addition, it offers its private clients an
advisory  broking service.  Teather & Greenwood  Holdings
plc is quoted on the Alternative Investment Market.