AGM Statement

Cater Barnard PLC
09 April 2003


FOR IMMEDIATE RELEASE                                               9 April 2003


              CATER BARNARD plc ('Cater Barnard' or the 'Company')


                       Results of Annual General Meeting

                          Subdivision of Share Capital


The third Annual General Meeting was held today at 11.00am at which all
resolutions were passed, to include the special resolution necessary to effect
the subdivision of share capital.

As set out in the Circular to Shareholders of 12 March 2003, each ordinary share
of 1p each in the capital of the Company will be sub-divided into an ordinary
share of 0.1p and nine deferred shares of 0.1p each with effect from 10 April
2003.




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