Placing

Toad Group PLC 28 August 2003 Embargoed Release: 0700hrs 28th August 2003 Toad Group plc ('Toad' or the 'Group') PLACING OF 3,688,880 NEW ORDINARY SHARES Toad, the telematics and insurance re-instatement company, has today placed a total of 3,688,880 new ordinary shares at 19.5p per share to raise £719,331.60 (before expenses) for the purpose of the company's working capital. The shares are expected to be listed on the official list and admitted to trading on the London Stock Exchange on the 2nd of September 2003. For Further Information: Peter Ward 020 8710 4000 Chairman of Toad plc Wilson Jennings 020 8710 4000 Finance Director of Toad plc Adam Reynolds/Andrew Tan 020 7245 1100 Hansard Communications This information is provided by RNS The company news service from the London Stock Exchange

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