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GB Group PLC (GBG)

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Monday 04 July, 2005

GB Group PLC

Exercise of Share Options

GB Group PLC
04 July 2005


For Immediate Release
4 July 2005
                                  GB GROUP PLC
                                (the 'Company')

                           Exercise of Share Options

The Company announces that on 1 July 2005, certain options over shares in the
Company were exercised as follows under the Company's Executive Share Option
Scheme:

   •Richard Law, Chief Executive, exercised his option over 200,000 shares
    (representing 0.25% of the issued share capital) in the Company at an
    exercise price of 11.75 pence per share. Following the exercise, Mr Law will
    have an interest in 787,604 shares in the Company representing 0.97% of the
    issued share capital of the Company. Mr Law retains further options over
    1,520,000 shares in the Company.

   •Mona Navin-Mealey, Group Finance Director, exercised her option over
    100,000 shares (representing 0.12% of the issued share capital) in the
    Company at an exercise price of 11.75 pence per share. Following the
    exercise, Mrs Navin-Mealey will have an interest in 450,000 shares in the
    Company representing 0.59% of the issued share capital of the Company. Mrs
    Navin-Mealey retains further options over 475,000 shares in the Company.

Both Mr Law and Mrs Navin-Mealey have indicated that it is their intention to
retain the shares allotted to them pursuant to the above exercises, although
part of their holdings may be sold in order that they are able to meet the PAYE
liabilities arising by virtue of the exercise of the options.

An application is being made for the new ordinary shares to be admitted to the
Official List of the UKLA and to trading on the London Stock Exchange's market
for listed Securities.

                                    - Ends -

For further information, please contact:

GB Group plc                                                        01244 657333
John Constantin, Company Secretary                                  

Weber Shandwick Square Mile                                        020 7067 0700
Richard Hews, Rachel Taylor

Website                                                             www.gb.co.uk



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