Additional Listing

Walker,Crips,Weddle,Beck PLC
14 November 2003


                        WALKER, CRIPS, WEDDLE, BECK PLC

           ISSUE OF DEFERRED CONSIDERATION SHARES IN CONNECTION WITH

             THE ACQUISITION OF KEITH, BAYLEY, ROGERS & CO. LIMITED


Walker, Crips, Weddle, Beck plc ('WCWB'), the listed stock and share broker,
announces that, pursuant to the agreement dated 12 July 2001 relating to the
acquisition of the entire issued share capital of Keith, Bayley, Rogers & Co.
Limited ('KBRL'), on 13 November 2003 WCWB allotted 512,500 new ordinary shares
of 20p each in the capital of WCWB ('Ordinary Shares') by way of deferred
consideration to the vendors of KBRL, being the equity partners of Keith,
Bayley, Rogers & Co. ('KBR') and trustees acting on behalf of certain Associates
of KBRL or WCWB.

Following this allotment, there are 10,649,154 Ordinary Shares in issue. The
512,500 new Ordinary Shares rank pari passu in all respects with all other
Ordinary Shares in issue.

As a result of this allotment:

  • W H Saunders (a Non-Executive Director of WCWB, a director of KBRL and a
    partner of KBR) is interested in an additional 165,643 Ordinary Shares
    (representing approximately 1.56% of the enlarged issued share capital of
    WCWB) and is now beneficially interested in 426,310 Ordinary Shares
    (approximately 4.00%); and

  • A H Drummon (a director of KBRL and a partner of KBR) is interested in an
    additional 143,053 Ordinary Shares (representing approximately 1.34% of the
    enlarged issued share capital of WCWB) and is now beneficially interested in
    378,386 Ordinary Shares (approximately 3.55%).

It is expected that the 512,500 new Ordinary Shares will be admitted to the
Official List of the UK Listing Authority and admitted to trading on the London
Stock Exchange's market for listed securities on 20 November 2003.

Copies of this document will be available for inspection at the Document Viewing
Facility of the UK Listing Authority and, until 4 December 2003, may be
obtained, free of charge, from the registered office of WCWB, Sophia House, 
76/80 City Road, London EC1Y 2EQ.

14 November 2003

For further information contact:

Walker, Crips, Weddle, Beck plc - Rodney FitzGerald [phone]


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