Cancellation of Options

Numis Corporation PLC
22 December 2000

               Numis Corporation Plc ('Numis' or 'the Company')

                     Grant of and cancellation of options


Background

At an Extraordinary General Meeting of shareholders held on 25 April 2000,
shareholders approved a change in the limit of the Company's two executive
share option schemes so as to permit the grant of options over 20% of the
issued ordinary share capital from time to time.  The limit less the number of
outstanding options over ordinary shares (headroom) is 407,400.  In order that
Numis can grant new options and maintain a headroom figure, certain directors
of the Company have agreed to the cancellation of various options:



Cancellation of options


Director's  Position in  No of options % of shares   Total no of    % of shares
name          Numis       cancelled    in issue   options now held  in issue

Oliver    Chief            112,500       0.75         362,500         2.41
Hemsley   Executive

Charles   Executive        15,000        0.10         185,000         1.23
Crick     Director

David     Non-Executive    56,250        0.37          56,250         0.37
Craig     Chairman

Paul      Non-Executive    10,000        0.07          40,000         0.27
Gaunt     Director

Michael   Non-Executive    56,250        0.37          81,250         0.54
Sinclair  Director

Totals                     250,000       1.66         725,000         4.82



The options over ordinary shares granted to Oliver Hemsley, David Craig, Paul
Gaunt and Michael Sinclair were granted on 28 March 2000.  They were subject
to performance criteria, as follows:


a)         One half of the options granted over ordinary shares were
exercisable at 292.5p provided that the mid-market price of Numis shares was
in excess of 500p for any consecutive 60 day period from the date of grant of
the options to 3 years after that date (and on the date of exercise) and that
the Numis share price during that 3 year period and up to the day the options
were exercised, had out-performed the FT All Share Index.  The options were
not allowed to be exercised earlier than 3 years or later than 10 years after
the date of grant.


b)         One half of the options granted over ordinary shares were
exercisable at 292.5p provided that the mid-market price of Numis shares was
in excess of 700p for any consecutive 60 day period from the date of grant of
the options to 3 years after that date (and on the date of exercise) and that
the Numis share price during that 3 year period and up to the day the options
were exercised, had out-performed the FT All Share Index.  The options were
not allowed to be exercised earlier than 3 years or later than 10 years after
the date of grant.


The 15,000 options over ordinary shares granted to Charles Crick were granted
on 28 March 2000 at an exercise price of 292.5p and were exercisable no
earlier than 3 years or later than 10 years after the date of grant.


Grant of options



The Board of Numis announces that it has, on 21 December 2000, granted options
over 518,000 Numis ordinary shares to individuals due to join the Company's
new North West office and an existing employee.  This represents 3.4% of the
issued ordinary share capital.  These options are exercisable at a
subscription price of 207p after 21 December 2003 but before 21 December 2010.


The ordinary shares referred to in this announcement are the ordinary shares
of 25p each in Numis Corporation Plc.


21 December 2000

END