Issue of Equity

RWS Holdings PLC
24 January 2007



                   RWS Holdings plc ('RWS' or 'the Company')



Exercise of Options





RWS announces that it has issued and allotted a total of 384,553 new ordinary
shares of 5p each ('New Shares') pursuant to the exercise of options at an
exercise price of 112.54p per share by Peter Mountford who is a Non- Executive
Director of RWS Holdings Plc.



Application has been made to the London Stock Exchange for the New Shares to be
admitted to AIM ('Admission'). It is expected that Admission will occur on 30
January, 2007.



The Company was informed by Mr Mountford on 23 January, 2007 that he has sold
384,553 ordinary shares of 5p each at a price of 305 pence per share conditional
only on their Admission. Following this sale Mr Mountford has an interest in
3325 Ordinary shares of 5 pence each which represents approximately 0.008 per
cent of the issued ordinary share capital of RWS.









24 January, 2007




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