Stmnt re Share Price Movement

Cohen(A.) & Co PLC
18 June 2003


                        A. Cohen & Co. plc (the 'Company')


The Company notes the recent movement in the Company's share price and announces
that it has received a conditional preliminary approach from an existing
shareholder which may or may not lead to an offer for the balance of the shares
in the Company not already held by the shareholder.


Any offer, if made, would be conditional on, inter alia, the withdrawal or
defeat of resolutions 2,3,4 (c) and (d) and 5 relating to the proposed
acquisition by the Company of ROO Media Europe Limited to be proposed at the
extraordinary general meeting convened for 30 June 2003 and can only be
formalised after completion of due diligence. Furthermore, the approach
anticipated that an offer, if made, would be in cash (or with a full cash
alternative) at a small premium to the prevailing share price of 4.5 pence per
share at the time that the approach was made.


Due to the conditionality referred to above, the approach is being considered by
those directors of the Company who are independent of the proposed acquisition
of ROO Media Europe Limited, namely James Ferguson and Russell Sincock.


Shareholders should be aware that there can be no guarantee that any offer will
be forthcoming nor of the price at which any offer may be made.



A further announcement will be made in due course.


Enquiries:


A. Cohen & Co. plc
Jim Cohen                             020 8320 4211


Beattie Financial
Brian Coleman-Smith/Amanda Sheehy     020 7398 3300



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