Exercise of Share Options

GB Group PLC
25 January 2006


25th January 2006

                                  GB GROUP PLC
                                (the 'Company')

                           Exercise of Share Options

The Company announces today that its executive directors have exercised options
over 300,000 shares in the Company. The details are as follows:

   • Richard Law, Chief Executive, exercised his option over 200,000 shares
    (representing 0.25% of the issued share capital) in the Company at an
    exercise price of 14.25 pence per share. Following the exercise, Mr Law will
    have an interest in 987,604 shares in the Company representing 1.21% of the
    issued share capital of the Company. Mr Law retains further options over
    1,470,000 shares in the Company.


   • Mona Navin-Mealey, Group Finance Director, exercised her option over
    100,000 shares representing 0.12% of the issued share capital) in the
    Company at an exercise price of 14.25 pence per share. Following the
    exercise, Mrs Navin-Mealey will have an interest in 550,000 shares in the
    Company representing 0.67% of the issued share capital of the Company. Mrs
    Navin-Mealey retains further options over 375,000 shares in the Company.

Both Mr Law and Mrs Navin-Mealey have indicated that it is their intention to
retain the shares allotted to them pursuant to the above exercises.

In addition, a senior manager of the Company has also exercised options over
100,000 shares.

Accordingly, an application is being made for 400,000 new ordinary shares to be
admitted to the Official List of the UKLA and to trading on the London Stock
Exchange's market for Listed Securities.

                                    - Ends -

For further information, please contact:

GB Group plc
John Constantin, Company Secretary 01244 657333



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