LFT Loftus Road

RNS Number:2871B
Loftus Road PLC
29 March 2001


                       Loftus Road plc (the 'Company')


                                Loan agreement

The Company has entered into a further loan agreement with its Chairman and
major shareholder, Chris Wright, to provide a loan for #550,000 (the 'Loan
Agreement').  Interest is payable quarterly in arrears at a rate of 2.0 per
cent. above the base rate of Barclays bank. The loan is repayable on demand.
The loan is secured against the Company's assets. The Loan Agreement
constitutes a related party transaction, as defined by the AIM Rules. The
Directors of the Company believe, having consulted with Peel Hunt plc, that
the terms of the Loan Agreement are fair and reasonable as far as the
Company's shareholders are concerned.


29 March 2001

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