Issue of Equity

Conister Financial Group plc
08 May 2008



FOR IMMEDIATE RELEASE                                              8 May 2008



              Conister Financial Group plc (the 'Company' or CFG)


                           Exercise of Share Options




The Board has received and accepted requests to exercise a total of 2,500
warrants, pursuant to the Employee Share  Option Scheme 2003 and accordingly
will issue and allot 2,500 ordinary shares of 25p each in the Company (the
'Shares').

Application will be made for the Shares, which will rank pari passu, with
existing ordinary shares, to be admitted to  trading on AIM on 14 May 2008.





Enquiries



For further information, please contact:
Conister Financial Group plc
Arron Banks/Chris Johnstone
Tel [phone]

Beaumont Cornish Limited
Roland Cornish
Tel [phone]






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