Circ re. Acquisition

Walker,Crips,Weddle,Beck PLC
21 March 2005


                        WALKER, CRIPS, WEDDLE, BECK PLC

          DESPATCH OF CIRCULAR RELATING TO THE PROPOSED ACQUISITION OF
                        G&E INVESTMENT SERVICES LIMITED

Further to the announcement dated 11 February 2005, Walker, Crips, Weddle, Beck
plc ('WCWB'), the fully listed stock and share broker, announces that it has
today posted to shareholders a circular relating to the proposed acquisition of
the entire issued share capital of G&E Investment Services Limited, parent
company of the London York Group (the 'Acquisition').

The Acquisition is conditional upon, inter alia, the approval of WCWB's
shareholders in general meeting. Accordingly, the circular contains Notice of an
Extraordinary General Meeting to be held on Wednesday 6 April 2005. Completion
of the Acquisition is expected to take place on Thursday 7 April 2005.

Application has been made for the 800,000 new ordinary shares in WCWB to be
issued as part of the initial consideration to be admitted to the Official List
of the UK Listing Authority and an application will be made for admission to
trading on the London Stock Exchange's market for listed securities.

Copies of the circular are available to the public, free of charge, from the
registered office of WCWB, Sophia House, 76/80 City Road, London EC1Y 2EQ during
normal business hours on any weekday (Saturdays and public holidays excepted)
from 22 March 2005 until the conclusion of the Extraordinary General Meeting.

The circular will also shortly be available for inspection at the Document
Viewing Facility of the UK Listing Authority, Financial Services Authority, 25
North Colonnade, Canary Wharf, London E14 5HS.

21 March 2005


For further information contact:

Walker, Crips, Weddle, Beck plc - Michael Sunderland (020 7253 7502)

G&E Investment Services Limited - David Hetherton (01904 544 300)



                      This information is provided by RNS
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