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Friday 24 November, 2000

Benson Shoe

Compulsory Acqn of Shares

Benson Shoe Limited
24 November 2000

The Oliver Group plc

24 November 2000

NOT FOR RELEASE OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA,
AUSTRALIA OR JAPAN

BENSON SHOE LIMITED

Recommended cash offer for The Oliver Group plc

Compulsory acquisition of shares

On 17 November, 2000, Benson Shoe Limited ('Benson Shoe') declared its
recommended cash offer for The Oliver Group plc ('Oliver') wholly
unconditional.

Benson Shoe now announces that it yesterday despatched notices of intention to
exercise its rights under section 429 of the Companies Act 1985 (as amended)
to acquire compulsorily all the outstanding Oliver Shares in respect of which
valid acceptances have not been received. The Offer remains open for
acceptance and Oliver Shareholders who have not yet accepted the Offer are
urged to complete and return their Forms of Acceptance as soon as possible.

Application will be made in due course to the UK Listing Authority to cancel
the listing of the Oliver Shares.

PRESS ENQUIRIES:

PricewaterhouseCoopers Corporate Finance
Colin Gillespie or Richard Pulford, 0161 245 2224

Benson Shoe

Michael Smith, 0116 265 443


Terms defined in the offer document dated 26 October 2000 shall have the same
meaning in this announcement unless the context requires otherwise.

The Offer is not being made, directly or indirectly, in or into the United
States, Canada, Australia or Japan. Accordingly, copies of this announcement
are not being, and must not be, mailed or otherwise distributed or sent into
or from the United States, Canada, Australia or Japan.

PricewaterhouseCoopers Corporate Finance, a division of PricewaterhouseCoopers
which is authorised by the Institute of Chartered Accountants in England and
Wales to carry on investment business, is acting for Benson Shoe and no one
else in connection with the Offer and will not be responsible to anyone other
than Benson Shoe for providing the protections afforded to customers of
PricewaterhouseCoopers Corporate Finance or for giving advice in relation to
the Offer.


                                                                                
                                                                                
                         

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