RNS Number:4213R
Georgica PLC
29 October 2003

FOR IMMEDIATE RELEASE    29 October 2003


                                  GEORGICA PLC

                 Proposed acquisition of Megabowl Group Limited

                         Placing of new Ordinary Shares


Georgica announces that it has exercised its option to acquire the interests of
Duke Street Capital in Megabowl.   Completion of the Acquisition is expected to
take place on Monday, 3 November 2003.


Completion of the Placing will occur upon admission of the Placing Shares to AIM
which is expected to take place this morning.


Terms used in this announcement shall have the meaning given to them in the
announcement of 24 October 2003.


End

                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

FURMLBRTMMMTMFJ