Result of Equity Issue

Brooke Industrial Holdings PLC
5 September 2000


BROOKE INDUSTRIAL HOLDINGS PLC

RESULT OF OPEN OFFER AND EGM

Brooke Industrial Holdings plc (the 'Company') announces that the special
resolution relating to the open offer and related matters was passed at an
extraordinary general meeting of the Company held yesterday.

In relation to the open offer, valid acceptances from qualifying shareholders
were received in respect of 673,384 ordinary shares in the Company, including
433,333 taken up by the underwriter to the issue, Jourdan plc.  This
represents a take up of 26.5 per cent. of the shares available in the open
offer.  As a result of this level of take up and in accordance with the terms
of the underwriting agreement summarised in the Company's prospectus dated 8
August 2000, Jourdan plc has taken up a further 1,075,402 shares in the
Company.  Jourdan plc now holds a total of 2,808,735 shares representing 29.96
per cent. of the Company's issued share capital.

In accordance with the terms of the open offer and the underwriting
arrangements, a total of 1,748,786 new ordinary shares in the Company are
being issued and allotted, representing 18.66 per cent of the enlarged issued
share capital of the company of 9,373,292 ordinary shares of 50 pence each. 
Application has been made for these new ordinary shares to be admitted to the
Official List of the UK Listing Authority and to trading on the London Stock
Exchange's market for listed securities.  It is expected that admission will
become effective and dealings commence in these new ordinary shares on
Wednesday 6 September 2000.