Admission to AIM

Jarvis Securities plc
23 December 2004

Jarvis Securities plc ('Jarvis' or the 'Company')



Jarvis, which through its operating subsidiary, Jarvis Investment Management
plc, carries on the business of the provision of execution only stockbroking
services, the marketing and provision of PEPs, ISAs and SIPPs, and the provision
of tailored financial administration services, announces the placing of 484,848
new ordinary shares at 82.5p per share (raising £400,000, before expenses), the
completion of an offer for subscription of 969,697 new ordinary shares (the 
'Offer') also at 82.5p per share (raising £800,000 before expenses) and admission
to trading on AIM ('Admission').



As at 3.00 pm on 21 December 2004, the closing time and date of the Offer, the
Company had received applications for a total amount of £1,151,683.50
representing 1,395,980 ordinary shares.



As a result, the Offer was oversubscribed and it has not been possible to settle
applications in full. The Offer has therefore been subject to scaling back.



All valid applications will receive 72.33% of the number of shares applied for.
The Company anticipates that share certificates will be sent out, and excess
application monies returned, by the Company's Registrar and Receiving Agent
Capita IRG Plc, by at the latest 10 January 2005.



In addition, Sion Holdings Limited ('Sion'), a significant shareholder in the
Company, has today sold 363,636 existing ordinary shares at 82.5p per ordinary
share to allow greater liquidity in the market. Sion is now interested in
7,586,364 ordinary shares, representing approximately 66.1 per cent. of the
enlarged share capital of the Company.





END


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