RNS Number:5326H
Danka Business Systems PLC
14 February 2003


Embargoed for release until 4.00pm                            14th February 2003




                           DANKA BUSINESS SYSTEMS PLC

                           ("Danka" or the "Company")

                DANKA ANNOUNCES ISSUANCE OF PARTICIPATING SHARES

Danka Business Systems PLC announced today that it has issued an aggregate of
4,275 new 6.5% senior convertible participating shares of $1.00 each to the
existing participating shareholders of the Company in satisfaction of the
payment-in-kind dividend due on Danka's participating shares for the period
ended 14 February 2003.


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Enquiries:

Danka Business Systems PLC                                020 7605 0150
Paul Dumond, Company Secretary

Weber Shandwick Square Mile                               020 7067 0700
Katie Hunt



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