Result of EGM

Libra Retail PLC
05 January 2006

5 January 2006

                      LIBRA RETAIL PLC (the 'Company')

                                Result of EGM


LIBRA RETAIL PLC announces that at the Extraordinary General meeting of the 
Company, held today, all resolutions were duly passed.

Application will be made to the London Stock Exchange for the New Ordinary
Shares in the Company, which is to be renamed Leo Insurance Services plc, to be
admitted to trading on AIM. It is expected that the New Ordinary Shares will be
admitted to trading on AIM on 6 January 2006.

Larry Lipman, Chairman of Libra, commented:



'I am delighted that Libra's shareholders have given their approval and that we
have successfully completed this transaction.'





For further information please contact:


Libra Retail Plc                          Teather & Greenwood  Binns & Co PR Ltd
Larry Lipman         Paul Davis           Robert Naylor        Paul McManus
Executive Chairman   Finance Director     Tel: [phone]   Tel: [phone]
Tel: [phone]   Tel: [phone]                        Mob: [phone]



End


                      This information is provided by RNS
            The company news service from the London Stock Exchange