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Tuesday 25 April, 2000


Flare Group PLC

25 April 2000

Technical Release

                           Flare Group PLC:
                       Changes in FTSE Indexes

Following the continued suspension and the appointment of
Administrators, FTSE announces the following changes:

INDEX                   CHANGE                      EFFECTIVE FROM
                                                    START OF TRADING
FTSE Fledgling Index    Flare Group PLC (0352303)   26 April 2000
                        will be deleted at 0p.
FTSE All-Small Index    Flare Group PLC will be     26 April 2000
                        deleted at 0p.

Notes for Editors:

Background to FTSE International

FTSE  International  is  one of the world's  leading  experts  in  the
creation and management of equity indices and is jointly owned by  the
London Stock Exchange and the Financial Times. With offices in London,
New  York  and  Paris  ,  FTSE International services  clients  in  77
countries  worldwide.   It  manages and develops  globally  recognised
indices  ranging  from  the FTSE World Index to  the  real  time  FTSE
Eurotop  series  and  the  FTSE  100. The  company  has  collaborative
arrangements  with  the  London, Amsterdam, Brussels,  Norex,  Athens,
Luxembourg and Madrid stock exchanges, as well as with Nikkei of Japan
(Nihon Keizai Shimbun, Inc).
FTSE  indices  are  used  extensively  by  investors  world-wide   for
investment analysis, performance measurement, asset allocation and for
creating  a wide range of index tracking funds. Committees  of  senior
fund   managers,   derivatives  experts,  actuaries  and   experienced
practitioners independently review all changes to the indices ensuring
that they are accurate, timely and without bias.
For further information please contact Client Services on +44 (0) 20
7448 1810 and US: +(1) 212 771 6595
Or, email your enquiries to [email protected] and visit our website at


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